Small Business Financing Rutland VT

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

Mr. Ronald N. Lazzaro, CFP®
(802) 773-4115
86 N Main St
Rutland, VT
Firm
Ronald N. Lazzaro PC
Areas of Specialization
Comprehensive Financial Planning

Data Provided By:
Mr. David L. Frenette, CFP®
(800) 628-2132
PO Box 40
Rutland, VT
Firm
Morgan Stanley Smith Barney

Data Provided By:
Mr. Peter G. Valente, CFP®
(802) 775-2341
92 Grove St
Rutland, VT
Firm
Rosen Valente & Willhaus

Data Provided By:
Ms. Jessica L. Anderson, CFP®
(802) 775-3200
PO Box 600
Rutland, VT
Firm
UBS Financial Services
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Investment Management

Data Provided By:
Ms. Marilyn Wilson Edgerton, CFP®
(802) 234-5106
PO Box 134
Gaysville, VT
Firm
Financial Advisory Services

Data Provided By:
Mr. John P. Crowley Sr., CFP®
(802) 747-8002
PO Box 518
Rutland, VT
Firm
Kulig & Sullivan, P.C.
Areas of Specialization
Estate Planning

Data Provided By:
Mr. William C. Root, CFP®
(802) 773-9607
128 Merchants Row
Rutland, VT
Firm
Edward Jones

Data Provided By:
Mr. Thomas G. Boswell, CFP®
(802) 747-9010
80 West St Ste 101
Rutland, VT
Firm
B & F Financial Analytics, Inc. Rutland VT 05701
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable



Data Provided By:
Mrs. Margaret Jones, CFP®
(802) 772-3251
67 Merchants Row Ste 102
Rutland, VT
Firm
UBS
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, Insurance Planning, Intergenerational Planning

Data Provided By:
TD Bank
(802) 786-4182
46 N Main Street
Rutland, VT
Type
Branch
Office Hours
Mon-Wed 8:00-5:00
Th-Fri 8:00-6:00
Sat 8:00-12:00
Drive Up Hours
Mon-Wed 8:00-5:00
Th-Fri 8:00-6:00
Sat 8:00-12:00

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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