Small Business Financing Hackensack NJ

Looking for Small Business Financing in Hackensack? We have compiled a list of businesses and services around Hackensack that should help you with your search. We hope this page helps you find Small Business Financing in Hackensack.

V. Peter Traphagen
Traphagen Investment Advisors, LLC
(201) 262-1040
234 Kinderkamack Road
Oradell, NJ
Expertises
Cash Flow/Budgets/Credit Issues, Planning Issues for Business Owners, Divorce Planning, Estate & Generational Planning Issues, Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CPA/PFS

Victor Cannillo
Baron Financial Group, LLC
(866) FEE-ONLY (333-6659)
16-00 Route 208 South
Fair Lawn, NJ
Expertises
Retirement Planning & Distribution Rules, Real Estate Investments, Special Needs Planning, Helping Clients Identify & Achieve Goals, High Net Worth Client Needs, Financial Issues Between Generations
Certifications
NAPFA Registered Financial Advisor

Stephen Craffen
Stonegate Wealth Management, LLC
(201) 791-0085
17-17 Route 208
Fair Lawn, NJ
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CDFA, CFA, ChFc, CLU, MBA, MS

Keith Amburgey
Rutherford Asset Planning, Inc.
(201) 266-6807
2 Lambs Lane
Cresskill, NJ
Expertises
Ongoing Investment Management, Real Estate Investments, Alternative or Private Investments, High Net Worth Client Needs, Retirement Plan Investment Advice, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®

Gary Schatsky
IFC Personal Money Manager, Inc.
(212) 721-8713
98 Riverside Drive, 17th Floor
New York, NY
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Advising Medical Professionals, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, JD

James Shagawat
Baron Financial Group, LLC
(866) FEE-ONLY (333-6659)
16-00 Route 208 South
Fair Lawn, NJ
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Advising Entrepreneurs, High Net Worth Client Needs, Helping Clients Identify & Achieve Goals, Special Needs Planning
Certifications
NAPFA Registered Financial Advisor, BA, MBA

Cary Carbonaro
Stonegate Wealth Management, LLC
(201) 791-0085
17-17 Route 208
Fair Lawn, NJ
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Women's Financial Planning Issues, Retirement Planning & Distribution Rules, Charitable Giving - Trusts & Foundations, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MBA

Martin Shenkman
Martin M. Shenkman, PC
(201) 845-8400
4 Forest Avenue, 2nd Floor
Paramus, NJ
Expertises
Estate & Generational Planning Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CPA, JD, MBA

Charles Roberson
Modera Wealth Management, LLC
(201) 768-4600
56 Jefferson Avenue, Second Floor
Westwood, NJ
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Advising Medical Professionals, High Net Worth Client Needs, Insurance Related Issues, including Annuities
Certifications
NAPFA Registered Financial Advisor, CFP®, CLU

Thomas Orecchio
Modera Wealth Management, LLC
(201) 768-4600
56 Jefferson Avenue, Second Floor
Westwood, NJ
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues, Financial Issues Between Generations
Certifications
NAPFA Registered Financial Advisor, AIF, CFA, CFP®, ChFc, CLU

Business Financing From The SBA / Small Business Administration

The Small Business Administration is the most useful resource available to startups and established small businesses. An Independent agency of the Executive branch of the Federal Government, the SBA has the responsibility of providing assistance to American small businesses in the areas of advocacy, management, procurement, and financial assistance. The SBA financing comes in the forms of investment programs, business loan programs, disaster loan programs, and bonding for contractors. In most cases, the SBA should be the first business financing resource a small business owner looks to for their financing needs.

The SBA has three different loan programs for small business financing . It is important to know that while the SBA has these programs, they do not actually provide the business financing . The SBA sets the guidelines for these loans, then their partners, which include lenders, community development organizations, and microlending institutions, actually make the loan to small businesses . The SBA guarantees the loans, to reduce the risk to the lenders.

The first type of business loan that the SBA offers is the Basic 7(a) Loan Guaranty. When a small business is unable to obtain financing from other sources, this is the primary business loan program offered. This is the SBA's most flexible business financing program, and it is ideal for start up business financing as well as established business financing . This type of new business financing can be used for most business purposes, such as working capital, equipment, office furnishings, land and building, leases, and even debt refinancing. The maturity date of the loan varies, depending on what the loan is used for. For working capital, the loan maturity is up to 10 years, while it is generally up to 25 years for fixed assets.

There are several different variations of the Basic 7(a) loan program, designed to fill specific needs. This type of loan is the closest a small business owner can get to free business financing, because any fees that the SBA has for administration are charged to the lender. However, the lender does have the right to make those fees a part of your loan, which means that you may ultimately pay those fees.

The second type of loan that the SBA offers is the Microloan. This is known as the 7(m) loan program. These are short-term loans of up to $35,000, and are primarily for small businesses and non-profit child care centers. They are meant to provide working capital, inventory purchases, supplies, furnishings, and equipment. They may not be used to pay existing debts or to purchase real estate. This type of business financing is great for business owners who wish to expand.

The third type of small business financing available through the SBA is a Certified Development Company (CDC) loan. Known as the 504 loan program, these loans should only be sought by businesses that require brick and mortar financing . These are long-term...

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