Perhaps no activity in starting up a new business in formulating plans for growth of an existing business will have as much impact on your prospect for success over the long run than ensuring adequate financing.
How do you go about financing your enterprise? The U.S. Small Business Administration recommends developing a proposal, including a business plan, and paying a visit to a commercial lender with whom you’ve done business in the past, a place where you are a known quantity. If that lender will make a loan to finance your proposal, then you don’t need the SBA.
