How to Navigate the SBA to Obtain Financing

The Small Business Administration offers potential borrowers direction in finding a lender, and guidance on what their responsibilities may be.

In this webinar, potential borrowers will learn:

- Which SBA Lenders are right for you (Lender Match, and how about your current financial institution)
- What are Micro Lenders, and what do they offer?
- What’s the difference between 7a and 504 loans?
- Other SBA resources available online to prepare for meeting with a lender – a great place to begin your homework.

  • RESOURCE GUIDE

            https://www.sba.gov/sites/default/files/files/resourceguide_3141.pdf

  • MicroLenders  (Page 31 and 32)
  1. Assets Lancaster Serving Lancaster and Berks counties 100 S. Queen St. Lancaster (717) 393-6089 assetslancaster.org
  2. Community First Fund Serving Adams, Berks, Carbon, Chester, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Lehigh, Montgomery, Northampton, Perry, Schuylkill, and York counties 51 S. Duke St. Lancaster Lancaster & Lebanon counties (717) 393-2351 Dauphin, Cumberland, Perry & Franklin counties (717) 920-1520 York & Adams counties (717) 848-3863 Berks, Montgomery, Chester counties (610) 685-4940 Lehigh & Northampton counties (717) 205-6074 communityfirstfund.org
  3. Cooperative Business Assistance Corp. Serving Philadelphia County (856) 966-8181 cbaclenders.com
  4. Finanta Serving Bucks, Philadelphia, Chester, Delaware, Montgomery, and Berks counties 1301 N. Second St. Philadelphia (267) 236-7000 finanta.org
  5. First State Community Loan Fund Serving Chester and Delaware counties (302) 652-6774 firststateloan.org
  6. MetroAction Inc. Serving Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill, Susquehanna, Wayne, and Wyoming counties 222 Mulberry St. Scranton (570) 341-0270 metroaction.org
  7. West Philadelphia Financial Services Serving Philadelphia County 5200 Warren St. Philadelphia (215) 452-0100 wpfsi.com
  8. Women’s Opportunities Resource Center (WORC) Serving Bucks, Chester, Delaware, Montgomery, and Philadelphia counties 2010 Chestnut St. Philadelphia (215) 564-5500 worc-pa.com
  • International Trade:

Edward Schick
Export Finance Manager
(202) 941-1191

  • SCORE Chapters (Page 11)
  • SBDCs (Page 12)

About the Author(s)

 James E. Verbeck

James E. Verbeck, Lender Relations Specialist, joined the Eastern Pennsylvania District Office Team after serving two and half years as a Loan Specialist at the Agency’s National Guaranty Purchase Center (NGPC).

Lender Relations Specialist, Small Business Administration, Eastern Pennsylvania District Office
How to Navigate the SBA to Obtain Financing - slides