Interview with locally-owner, small business owner, Jaime Rosegren of Fiber Parts on experiences trying to access business capital. We'll highlight her year+ journey in applying from everything from traditional bank loans, SBA loans, as well as lesser-known funds with an equitable access mission. We'll discuss her recent experience with emergency funding, including the SBA EIDL loan, and new locally-accessible loan products through CDFIs like LISC and crowd-funded micro-finance nonprofits like KIVA.org.
Check out Fiber Parts public, call-for-investors kiva profile here: https://www.kiva.org/lend/1965562
Another Helping consulting will follow-up with recommendations on accessing these capital resources for your small business:
- How to tell your business story
- How to prepare your business finances
- Considerations regarding legal structure and accounts
- Considerations regarding pandemic-related uncertainties and changes to your industry: insurance, staffing, and profit expectations
- Financing and cash-flow strategy, especially in consideration of "all this going on", business, and personal circumstances.