Small Business Financing Victoria TX

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

Thomas L. Keller, CFP®
(361) 573-4383
PO Box 2549
Victoria, TX
Firm
KMH Wealth Management, LLC/Keller & Associates, CPAs
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided By:
Mr. David Scott Sather, CFP®
(361) 570-1800
120 E Constitution St
Victoria, TX
Firm
Sather Financial Group
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Education Planning, Employee and Employer Plan Benefits, Estate Planning

Data Provided By:
Mr. G. Charles Wartsbaugh Jr., CFP®
(361) 578-2496
1 Oconnor Plz Ste 940
Victoria, TX
Firm
Edward D Jones & Company

Data Provided By:
Capital One
(713) 735-4820
7602 N Navarro
Victoria, TX
Type
Branch
Services
Investments Representative Drive-Up ATM Self Service Coin Counter Open after 5 PM Open on Saturday Branch Drive-Up Safe Deposit Box
Office Hours
Sun , Mon 9 AM - 5 PM, Tue 9 AM - 5 PM, Wed 9 AM - 5 PM, Thu 9 AM - 5 PM, Fri 9 AM - 6 PM,
Drive Up Hours
Sun , Mon 7:30 AM - 6 PM, Tue 7:30 AM - 6 PM, Wed 7:30 AM - 6 PM, Thu 7:30 AM - 6 PM, Fri 7:30 AM - 6 PM,

Wells Fargo - Victoria Navarro Street
(361) 485-6651
4800 N Navarro St
Victoria, TX
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Mr. Jesse David Bayarena, CFP®
(361) 575-0271
1501 E. Mockingbird
Victoria, TX
Firm
1st Global

Data Provided By:
Mr. Warren A. Udd, CFP®
(361) 570-1800
120 E Constitution St
Victoria, TX
Firm
Sather Financial Group Inc

Data Provided By:
Mr. Gregory James Hermes, CFP®
(361) 573-4383
101 S Main St Ste 300
Victoria, TX
Firm
Keller & Associates CPAs

Data Provided By:
Wells Fargo - Victoria Sam Houston
(361) 574-5892
1501 E Mockingbird Ln
Victoria, TX
Type
Branch
Office Hours
Mon-Fri 07:30 AM-07:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Wells Fargo - Victoria North
(361) 582-2755
7107 N Navarro St
Victoria, TX
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

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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