Financing Your Business Resources

E-book: Funding Your Small Business

This 20-page resource from ASBTDC can help current and prospective small business owners decide which type of funding to pursue and understand the time and cost involved.

Funding Your Small Business: Loans & Other Options E-book

 

Video: Qualifying for a Small Business Loan

Many entrepreneurs need a loan to finance their startup or business expansion. This video looks at the factors that will affect your chances of obtaining a small business loan.

 

Loans

The U.S. Small Business Administration has several loan programs that can assist new or existing small businesses.

SBA Loan Programs

 

Grants

Neither the Arkansas Small Business and Technology Development Center nor the U.S. Small Business Administration provides grant funding to small businesses. The ASBTDC does not recommend you base your small business financing objectives on obtaining grant funding. However, if you are interested in searching for specific grants, consider the following resources.

Central Arkansas Library System (main library located at 100 Rock St., Little Rock) offers grant indexes and other resources related to grants and grant writing. Also available is an online database called the Foundation Center. Similar resources are available in Pine Bluff at the Jefferson County Library System, and in Fort Smith at the University of Arkansas – Fort Smith.

Arkansas Early Childhood Commission, located at 700 Main in Little Rock, oversees grant programs to further childcare services in Arkansas.

Arkansas Economic Development Commission Division of Science and Technology, formerly the Arkansas Science and Technology Authority, provides state grants through a competitive application process to Arkansas enterprises in applied research, technology transfer, and development of innovative technology-based businesses and projects that stimulate economic growth and industrial competitiveness in Arkansas.

The Catalog of Federal and Domestic Assistance is an online catalog that gives you access to a database of all federal programs available to state and local governments (including the District of Columbia); federally-recognized Indian tribal governments; territories (and possessions) of the United States; domestic public, quasi-public, and private profit and nonprofit organizations and institutions; specialized groups; and individuals.

Grants.gov is your source to find and apply for federal grants.

The Federal Home Loan Bank of Dallas, or FHLB, is a cooperatively owned wholesale bank that supports housing and economic development in the communities served by their member institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas.  Limited grant funds are available to Arkansas small businesses through FHLB’s  Economic Development Program (EDP) Plus, but they can only be obtained in conjunction with an FHLB EDP loan through a participating community bank.