Category: Small Business Financing
Crowdfunding is a collective effort of individuals or small groups who pool resources to fund businesses or other causes. Below is a list of popular crowdfunding websites. These websites have been examined on the surface and appear to be valid, reputable sites.
Craft3 partners with other lenders across the state to make State Small Business Credit Initiative (SSBCI) loans available to Washington businesses unable to access traditional sources of capital. Loans amounts range from $1 million to $5 million.
Loans are available for financing commercial real estate, start-up and expansion of businesses needing working capital, acquisitions, inventory, fixtures, equipment and related business property. Loans amounts range from $1 million to $5 million.
SBA Microloan fund. Funds can be used for equipment, furniture, inventory, manufacturing or technology-based production needs, working capital, commercial (not residential) real estate, franchises, contract financing, construction contractor receivables, or some cash flow restructuring.
Funds can be used for qualifying projects designed to achieve job creation or business retention, to add or upgrade nonelectrical infrastructure, to add or upgrade health and safety facilities, to accomplish energy and water use efficiency improvements, including renewable energy development, or to add or upgrade emergency services in any designated qualifying rural area.