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Build Your Business With the Loan Readiness Center

Committed to supporting businesses looking for commercial funding

The Loan Readiness Center (LRC) provides tailored advice and business loan training for entrepreneurs from underserved communities to access funding needed to start and grow their businesses.

We assist with lowering the barriers to funding with business coaching, financial coaching, financial planning, credit counseling, loan application preparation, trainings as well as connection to lenders and their products. Additionally, we have hubs in Pierce County and the Portland Metro Area to serve businesses throughout those regions as well.

 

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Our Goals

  1. Facilitate qualifying and applying for funding for BIPOC, Latinx, minority, immigrant, women, and Veteran-owned businesses.
  2. Increase the number of loans and capital received by small businesses who traditionally experience barriers to funding
  3. Maximize jobs created by and for those businesses
  4. Reinforce the growth, profit, and value of each business

What You Can Gain

  • Understanding of commercial lending and how it can help your business
  • Help in preparing loan packages and applications for lenders and potential investors
  • Skills to help you manage business finances
  • Credit counseling to improve your credit score
  • Help to identify best funding options and products
  • And more!
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Business Coaching

The Loan Readiness Center provides free one-on-one coaching to businesses that need support with financial management and acquiring funding. These businesses may have experienced barriers or have been denied funding. Our certified coaches help assess each business's unique needs and situations as they provide dedicated business loan training.

Sign up here and meet with one of our accredited small business coaches to learn more about our services or receive assistance in the following areas:

Resource Navigation
  • Learn about additional free resources and educational tools at Business Impact NW that align with your business goals.
  • Connect with our network of service providers and regional resources, events and trainings.
Business Planning
  • Business Impact NW has a team of business coaches that can also provide general business advising, guidance, and trainings.
  • Areas of focus include start-up planning, growth planning, business plans and cash flow projections, marketing and sales, personnel and operations.
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Classes & Training

The Loan Readiness Center offers classes and trainings to assist you in getting the information and knowledge you need for the financial health of your business.

Loan Readiness On-Demand Classes

Visit our collection of on-demand resources.  These are classes that have been recorded that you can view at your own pace, on your own time.

Live Classes and Events

Find more free and low-cost classes and trainings offered by Business Impact NW to launch, grow, and thrive in your business journey. There are live and on-demand sessions including Business Expert Sessions, weekly chats with business professionals, and more.

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Launch Your Business

From idea, to plan, to business start,
let us help you launch your dream.

Grow Your Business

We work with you to take your
established business to the next level.

We work with you to secure funding
for your business to thrive

IN THE PACIFIC NORTHWEST

Accessible loans help small business owners meet personal goals, such as such as improved credit, more favorable work-life balance, and an increased sense of legitimacy as “real businesses.”

Small business loans typically help business owners acquire new equipment, expand or modify products and services, increase sales, and improve cash flow.

Loans, business advice, and networking opportunities make businesses stronger.A Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the U.S.

CDFIs like Business Impact NW are uniquely positioned to support low-wealth individuals and communities, helping them participate in the formal economy. For many entrepreneurs, Business Impact NW the only lender offering affordable, appropriate credit options.

-A Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the U.S.

Business Impact NW 2020

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Reasonable accommodation for persons with disabilities will be made if requested at least two weeks in advance

Contact [email protected] or call 206.324.4330

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Sustaining Partners

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