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Are you ready to start the loan application process?

Lending

Your access to capital starts here.


This is an Equal Opportunity Program. Discrimination is prohibited by Federal Law.

Application

Our business coaches will guide you through the lending process through the development of your business plan, marketing plan, cash flow projection and other financial projections. Once completed, they will assist you in assembling and completing the required documentation to apply for your loan.

Decision

Your business coach will submit the final application to our lending team for review. Our loan officers will conduct an analysis of your loan application. This process typically takes several weeks.

Ongoing Support

Once you've received approval on your loan, you are encouraged to keep in touch with your coach regarding any follow up questions or concerns, and to communicate the changing needs of your business over time.

Who Do We Fund?

Business Impact NW provides access to capital for business owners at every stage of business development.

  • We offer SBA Microloans $2,500 to $50,000.
  • Our NON-SBA term loans range from $2,500 to $100,000.
  • SBA guaranteed term loans can be up to $250,000.

Startup Businesses

0 - 6 months in operation for start-up capital

New Businesses

Fewer than 2 years in operation for working capital

Established Businesses

2 years+ in operation for growth management and debt restructuring

What Do We Fund?

Equipment & Inventory

Production Needs

Working Capital

Commercial Real Estate

Franchising

Contract Financing

Contractor Receivables

Cash Flow Restructuring

Check Your 5 C's of Financing

The 5 C's of Financing is how we at Business Impact NW make our investment decisions.

Each is important individually, but a lender looks at the overall risk to make a determination if you qualify for a loan.

Character

Do you have a demonstrated desire to repay debts? Do you have the ability to do what you say you are going to achieve?

Capacity

Do you have the ability to achieve performance in the business?

Capital

Do you have an adequate capital/equity injection to qualify for the loan? Business Impact NW requires you to contribute at least 20% of the requested financing amount into your business.

Collateral

Is there sufficient collateral to fully secure the loan?

Cash Flow

Does your business have the ability to generate adequate cash to repay the requested loan?

BIN Initial Loan Package Materials

To get started putting together your loan application, here are some of the things you'll need.

BIN's business consultants are happy to work with you to develop, fine-tune, or even create these documents from scratch, as needed.

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