Business Resources Library

What You Need to Know About Small Business Contract Financing

There are tremendous opportunities for small business owners who are interested in obtaining contract work with New York City-based agencies. In order to take advantage of these opportunities, it’s important that the business has adequate capital to fund it. How can you get financing that can help your business bid more competitively and enable contract fulfillment? That’s where the New York City Contract Financing programs come in. This article by Excelsior Growth Fund’s [...]

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What lenders want to see in your business plan

As a small business lender, Excelsior Growth Fund has “insider” knowledge about what lenders really look for in business plans. Ensuring that your plan includes the key points outlined in this article will help lenders better understand your business and your funding needs. Every business needs a plan. While they’re critical during the startup phase, they’re just as essential during growth periods to keep leadership focused. Down the road, your business plan can provide [...]

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Resources for Immigrant Small Business Owners

June is Immigrant Heritage Month and in celebration, Excelsior Growth Fund is continuing to support the phenomenal growth and contributions of immigrant business owners in the U.S. by highlighting free and low-cost resources to inspire and support future successes among New Americans. For hundreds of years, immigrants have come to the United States with ideas that have fueled America’s economic growth and, often, changed the world. In fact, according to the Center for American [...]

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Getting Ready for Your Busy Season? One Nature's Bryan Quinn Shares Insight for Success

As summer approaches, warm weather seasonal businesses are getting ready for a strong start to their busiest time of the year. We talked to Bryan Quinn, owner of One Nature LLC, a landscape and environmental consulting company and a certified B-Corporation, to get his perspective on the keys to building and maintaining success with seasonal and cyclical businesses. With his Beacon, NY-based business growing by at least 50% year-over-year for the last five years, Bryan has learned valuable [...]

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Common Lending Terminology to Understand Before Applying for a Loan

Applying for a loan is one of the most important steps that you’ll take as a small business owner. To give yourself the best odds of approval, it’s important to thoroughly prepare for the process. An easy step that’s often overlooked is to become familiar with the terminology that lenders commonly use. Speaking the same language as your lender demonstrates that you understand the process and your responsibilities, increasing your lender’s confidence in you. This can also [...]

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