Written by Samantha Erkkila, Entrepreneur Fund Running a successful catering business doesn’t happen overnight. Yes, you need delicious food, but it’s more than that. You need a strong business plan,… Read more »...
We are a nonprofit lender dedicated to small businesses. At the Entrepreneur Fund, we are your partner and a flexible lender that will work to find the best loan to meet your needs and goals.
What makes our lending different?
Where others see risk, we see opportunity. In order to get you capital, we need to understand you and your business. The information we request will help us through this process. If you don't have certain documents or financials, we can help you find the best route or provide templates to create them.
Contact Us to connect with our team. We will invite you to submit an online application which will include uploading documents to our online platform. When your application is 100% complete you’ll be assigned a loan officer.
Your loan officer will review your application, ask you for additional information if needed, verify information and confirm eligibility.
Your loan officer will work with our team to analyze income and historical performance and conduct a break-even analysis. As your partner, we keep you informed as we walk through this process and ask questions when they come up.
When analysis is complete your loan officer presents your loan application to our loan committee and the loan is approved or denied. If approved, we obtain SBA authorization for any SBA loans.
Your loan officer will work closely with you to collect final documents prior to closing and schedule a closing date. The loan can be closed in-person or virtually. Congratulations! Your loan has been funded.
Even after your loan has been funded, we are your partner for strategic business growth. You will be assigned a business advisor to help you move past challenges to achieve your goals. Click here to learn more about business advising and tools & knowledge for you and your business.
Preparing for a small business loan can seem daunting. Especially if this is your first application or you’ve been denied with other lenders. We are here to help.
The Loan Application Checklist is a guide providing a list of the documents and information we will need to move you through the loan process. Depending on the type of loan you receive, the requirements could be different. We will walk you through this every step of the way.
Why do we need this information?
Where others see risk, we see opportunity. In order to get you capital, we need to understand you and your business. The information we request will help us through this process. If you don’t have certain documents or financials, we can help you find the best route or provide templates to create them.