Small Business Financing Statesboro GA

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

Mr. James B. Kennedy, CFP®
(912) 764-9843
PO Box 725
Statesboro, GA
Firm
Reddick, Riggs, Hunter & Kennedy, PC

Data Provided By:
Mr. Ronald A. Washburn, CFP®
(912) 341-0810
144 N Main St
Statesboro, GA
Firm
Amerprise Financial Services Inc.
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Debt Management, Estate Planning, Investment Management, Retirement Planning, Socially Responsible Investments
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided By:
Wells Fargo - Statesboro
(912) 764-9611
422 Northside Dr E
Statesboro, GA
Type
Branch
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Owen Malcolm
Sanders Financial Management, Inc.
(770) 448-5111
3455 Peachtree Road NE
Atlanta, GA
Expertises
Planning Issues for Business Owners, Planning Concerns for Corporate Executives, Helping Clients Identify & Achieve Goals, College/Education Planning, Insurance Related Issues, including Annuities, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Houston Smith
Smith and Raab CPA Financial Planners, PC
(404) 377-9500
2302 Parklake Drive, Suite 100
Atlanta, GA
Expertises
Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CPA/PFS, MBA

Mr. James L. Hill, CFP®
(912) 536-6387
209 Groover St
Statesboro, GA
Areas of Specialization
Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Service Professionals

Data Provided By:
Mr. Michael W. Elliott, CFP®
(912) 489-8636
31 Courtland St
Statesboro, GA
Firm
Edward Jones
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management, Investment Planning

Data Provided By:
Wells Fargo Advisors
(912) 764-5080
217 Savannah Ave
Statesboro, GA

Data Provided By:
Steven Wykoff
Mersereau & Lazenby, L.L.C
(770) 614-6800
3469 Lawrenceville-Suwanee Rd., Suite B
Suwanee, GA
Expertises
Ongoing Investment Management, Hourly Financial Planning Services, Advising Employee Benefit Plan Participants, Retirement Plan Investment Advice, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Kyle Flynn
Financial Discovery
(404) 816-0160
4403 Northside Parkway, Suite 1104
Atlanta, GA
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, BA, CFP®

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...

Click here to read the rest of this article from GlobalBx