Small Business Financing Lock Haven PA

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

Mr. John D. Grigsby, CFP®
(717) 571-8203
91 Creekside Dr
Jersey Shore, PA
Firm
Pennsylvania College of Technology
Areas of Specialization
Accounting, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care

Data Provided By:
Mr. Ronald A. Dotts, CFP®
(814) 355-4293
325 DEBI DR
BELLEFONTE, PA
Firm
RONALD A DOTTS, EA, CFP

Data Provided By:
C. Bradley Bond
C. B. Bond Financial Planning, Inc.
(724) 733-2280
5808 Glenwood Ct.
Export, PA
Expertises
Retirement Planning & Distribution Rules, Middle Income Client Needs, Investment Advice without Ongoing Management, Newlyweds & Novice Investors, College/Education Planning, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®

Neil Kauffman
Kauffman & Drebing
(215) 546-8016
230 South Broad Street, 5th Floor
Philadelphia, PA
Expertises
Retirement Planning & Distribution Rules, Advising Medical Professionals, Hourly Financial Planning Services, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, BA, Ed.D., M.Ed., MBA

Joyce Cole
J. Cole Financial Advisers, Inc.
(518) 793-4507
1735 Market Street
Philadelphia, PA
Expertises
Ongoing Investment Management, Financial Issues Between Generations, Socially Responsible Investments, Helping Clients Identify & Achieve Goals, Hourly Financial Planning Services, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. Mack R. Courter, CFP®
888 E High Street
Bellefonte, PA
Firm
Courter Financial

Data Provided By:
Citizens Bank - Bellefonte
(814) 355-8600
835 East Bishop Street
Bellefonte, PA
Type
Branch
Office Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-6PM
Sat: 9AM-12PM
Sun: na
Drive Up Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-6PM
Sat: 9AM-12PM
Sun: na

Jeffrey McClarren
McClarren Financial Advisors
(814) 235-1940
1364 South Atherton Street
State College, PA
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning, Helping Clients Identify & Achieve Goals, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Andrew Greatrex
Integrated Financial Services, Inc.
(215) 794-1526
1615 Pineville Road
New Hope, PA
Expertises
Ongoing Investment Management, Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®

Donald DeMuth
Mighty Oak Strong America Investment Company
(717) 790-9001
940 Century Drive, Suite B
Mechanicsburg, PA
Expertises
Advising Medical Professionals, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, CHBC, CPA/PFS, MBA

Data Provided By:

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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