Bridging the Capital Access Gap: Chapter 4, Preparing for the Next Level
Although entrepreneurship is often touted as an arena of equal opportunity, there are major systemic barriers to realizing this ideal – one being access to capital. ICIC and LISC came together for Bridging the Capital Access Gap, a five part chapter series that takes an in-depth look at the small business financing industry and ways that business owners can use this knowledge to gain access to additional avenues of capital.
As small businesses grow, the criteria to qualify for larger capital loans will increase in complexity. A proper understanding of underwriting benchmarks and quality indicators in profit & loss and balance sheets can lead to an increased likelihood of loan approvals. Find out more about these criteria and other focus areas to consider when building your capital access program for local small businesses in the following module.
Module 15: Preparing for the Next Level
Continue to Chapter 5, Resources for Professional Development [+]...
Related:
Chapter 1
Lending Landscape
Chapter 2
Underwriting Basics
Chapter 3
The Best Version of the Business