The Entrepreneurial Center can help you access capital in a variety of ways. We help prepare you to get financing regardless of whether or not you have participated in one-on-one counseling, workshops or taken formal training with us. Those who complete The Entrepreneurial Center's Comprehensive Small Business Training program, which is offered to for-profit existing and start-up businesses, are eligible to apply for a loan which carries a guarantee through the Connecticut Development Authority's URBANK Entrepreneurial Loan Program.

The Entrepreneurial Center can also introduce you to other loan programs that are specific in their designations, such as the town or neighborhood in which the business is located.  Additionally, we can assist you in packaging a loan and referring you to local banks for funding and guarantee programs such as those offered through the SBA.

The SBA Guaranteed Loan Program is also available to most small businesses that are unable to borrow money on reasonable terms from conventional lenders. Some primary benefits of an SBA Guaranteed Loan are longer terms for repayment and the possibility of obtaining a loan without adequate collateral, providing the business and the owner(s) have made their best efforts to offer collateral to the best of their capacities.
NOTE:  THE SBA DOES NOT PROVIDE GRANTS TO BUSINESSES