Small Business Financing Prescott AZ

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

Janie Strasser
Ponderosa Wealth Management
(928) 777-2381
1129 Iron Springs Road
Prescott, AZ
Expertises
Planning Issues for Business Owners, Ongoing Investment Management, Tax Planning, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Mr. Stephen A. Drake, CFP®
(928) 899-2244
2345 Oakwood Dr
Prescott, AZ
Firm
Optima Holding Co.

Data Provided By:
Mr. Alan A. Anderson, CFP®
(928) 445-7238
1456 W Gurley St
Prescott, AZ
Firm
Yavapai Financial Planning
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Disaster Recovery, Education Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Michael R. Bacigalupi, CFP®
(928) 445-2598
1678 Oaklawn Dr Ste B
Prescott, AZ
Firm
Wealth Management Concepts, In

Data Provided By:
Mr. Bruce R. Hosler, CFP®
(928) 778-7666
973 W Gurley St
Prescott, AZ
Firm
Hosler Wealth Management LLC
Areas of Specialization
Estate Planning, Investment Management, Retirement Income Management, Retirement Planning, Tax Planning, Tax Preparation, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000



Data Provided By:
Mr. James M. Poindexter, CFP®
(928) 443-5542
1965 Commerce Center Circle
Prescott, AZ
Firm
Poindexter Financial Group Inc
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Estate Planning, Healthcare Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. Douglas A Rader, CFP®
(928) 778-3700
3140 Stillwater Drive
Prescott, AZ
Firm
Doug Rader, CPA, PLLC
Areas of Specialization
Accounting, Estate Planning, General Financial Planning, Retirement Planning

Data Provided By:
Mr. Gary P. Baker, CFP®
(928) 776-1483
425 White Spar Rd
Prescott, AZ
Firm
MetLife
Areas of Specialization
Asset Allocation, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Life Planning, Risk Management

Data Provided By:
Mr. Charles Edwin Taylor, CFP®
(928) 778-0933
1555 Plaza West Dr
Prescott, AZ
Firm
Taylor Padgett Financial Grou
Areas of Specialization
Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Medical/Dental Professionals

Data Provided By:
Ms. Jodi O. Padgett, CFP®
(928) 778-0933
1555 Plaza West Dr
Prescott, AZ
Firm
Taylor & Padgett Financial Gro
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
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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