Small Business Resource Center
Starting a Company
Obtaining financing for a venture can be a challenge for business owners who don’t qualify for conventional loans. One option for entrepreneurs who want to start or expand a business is the SBA 7(a) program. Learn more about what the program entails, who is eligible and what the funds can be used for.
Access to funding is one of the most important elements of getting your new business off the ground. Fortunately, you have options. Here are five ways you can get financing for your startup.
Making a decision on the best structure for a business is a very important one, but no single approach works for everybody. Listen to this podcast for more information on each type of structure.
One of the most important decisions new business owners make is how to structure their business. Here is a brief description of each type of structure and some things to consider.
On average, entrepreneurs need about $65,000 to start a business, two-thirds of which comes from personal savings, according to Babson College in Wellesley, Mass. To account for the other third, owners typically can choose between two types of financing: debt or equity.
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Tennessee Bankers Association
Pinnacle - Brentwood