BUILDING YOUR BUSINESS
Partnering with EFund to Improve Your Business
Being a small business owner is a lot of work and can look different every day. In the building stage, it’s important to take a step back and take an inventory of where you are and where you need to focus your attention.
Learn about how EF has worked with Bob Broking over the years to help him set and then meet his goals.
At this stage of your business, ensuring you have a clear picture of the money that is flowing in and out of your business is vital to your success. It’s also a common challenge among small business owners. We are here to help you learn and navigate your money needs.
Finance Fundamentals
EF Lending
We are your partner and a flexible lender that will work to find the best loan to meet your needs and goals. Lending to help build or stabilize your business can look different for every business.
Working Capital is a common need for small businesses at this stage. Common uses include:
- Seasonality – gear up for a busy season or keep the business operating when there’s less money coming in.
- Inventory – Unable to keep up with demand? Or have an opportunity to take advantage of supplier discounts by purchasing in bulk.
- Improving your business – fund obligations to suppliers, employees or others while waiting for payments from customers.
- Hiring – staff, bookkeeper, or CPA to shed some of your many hats.
Other loans for building and improving your business include SBA 7(a) loans, 7(a) express, or other small business loans.
“I am so impressed, still, by the Entrepreneur Fund and how they truly do put your business clients first. Recently, they steered me away from a large loan from the EF Fund in order to have the opportunity to receive the funds at a lower percentage rate.” - Linda Newman, Owner of Points Unknown
You know the old adage, “Give a person a fish…” We take that to heart. As your partner, we not only provide you with the tools you need to start your business, we’ll teach you how to use them and walk alongside you as you implement them in your business.
Building a network of experts, professional, and peer entrepreneurs who have similar lived experiences as you, can be transformative. We are part of a vast network that we work to connect our clients with.
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