EGF Advisor Top Picks: Access to Capital Resources

Understand your small business financing options

Finding the best advice for your business takes time, but the business advisory team at EGF has you covered! Our advisors have scoured the web and assembled a list of go-to resources for accessing capital. Have additional questions? Contact us to schedule a free one-on-one business consultation today.

Financing Options for Small Businesses

If you’re a small business looking to expand, debt financing is often your first solution. When applying for a loan, there are various funding sources for a business owner to consider. These resources will help you understand your options, along with their benefits and disadvantages.

The Ins and Outs of Alternative Financing - SBA 

A Guide to Getting a Small Business Loan - Business News Daily

Debt vs. Equity Video - Khan Academy 

Business Plans 101 - Accion

How to Prepare to Meet with a Lender

You only get one chance to make a great first impression. When meeting with a lender, it’s important to be prepared to ensure your application process starts off on the right track. Though each lender has different requirements, it is essential to bring your most recent personal, financial, and general business information to your meeting. With the tools below, you will become familiar with how to prepare for a meeting with your lender, and how to make that great first impression.

Preparing to Meet Your Lender: A Checklist - Dun & Bradstreet 

Access to Capital - Preparing to Meet Your Lender - Dun & Bradstreet 

Business Loans: What Lenders Look for and Tips for Winning Them Over - SBA 

Tips for Business Borrowers: Preparing for Your Lender - American Bankers Association 

When Are You Ready to Borrow?

Taking on a business loan can be a challenging responsibility. That’s why it’s important to know the right time to borrow, and how much to you will need for your business. The following resources will help you effectively plan and implement a borrowing strategy with a few simple financial calculations and suggestions.

Debt Service Coverage Ratio - EGF printable one-pager 

Working Capital - EGF printable one-pager

Retained Earnings - EGF printable one-pager 

Tips to Raise Finance for Your Existing or New Small Business  -

Borrowing Money for Your Business - SBA 

10 Ways to Finance Your Business - Inc.

6 Reasons Small Businesses are Rejected for Small Business Loans - NerdWallet 

About Excelsior Growth Fund

Excelsior Growth Fund (EGF) helps businesses in New Jersey, New York and Pennsylvania grow by providing streamlined access to business loans and advisory services. EGF’s signature product, the EGF SmartLoan™, provides up to $100,000 in fast, transparent, and affordable financing through a secure online platform. Larger loans up to $500,000 are also available. EGF is a nonprofit organization and is certified by U.S. Department of Treasury as a Community Development Financial Institution (CDFI). Learn more