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How can I finance my new business? Assistance from personal resources, such as family and friends, followed by traditional financing through a local lending institution where you have an established relationship are usually the most common methods for funding your start-up business. Some businesses may qualify for assistance in the form of loan guarantees from the Small Business Administration (SBA). In fact, most financial institutions will require an SBA guarantee. Many banks have departments that specialize in SBA lending. An SBA Prequalification Intermediary can help you to prepare your application for a loan. To find the intermediary closest to you, contact the SBA district office in Oklahoma City at (405) 231-5521. It is possible non-profit organizations could find some financing assistance through federal or foundation grants. Any reputable lender and many grant administrators will expect to see a thorough business plan. Commerce, Department of - DOC

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