Getting Business Capital
Since our institute was founded, we have acquired millions in business capital loans and lines of credit for our entrepreneurs who have went on to start businesses in various industries. Our vast funding network provides multiple ways to access cash for a business. Credit seems to be the #1 challenge for most entrepreneurs, however, it is not a major obstacle for us, as we are able to acquire funds without the use of personal credit.
Funding is a major challenge for many black entrepreneurs or those located in certain geographical areas. High quality training institutions often forego this needed component for aspiring entrepreneurs. It is an area we find to be imperative, thus we have made it a part of our offerings.
Funding is a major challenge for many black entrepreneurs or those located in certain geographical areas. High quality training institutions often forego this needed component for aspiring entrepreneurs. It is an area we find to be imperative, thus we have made it a part of our offerings.
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Funding assistance is provided for entrepreneurs who have completed one of our qualifying programs (Power of Black or Power MOVE)
Entrepreneurs go through our rigorous and compelling programs to ensure they are prepared for the challenges of business, racial bias and to manage start-up capital and large cash flows. As you can imagine, many entrepreneurs have never accessed this level of money all at once. This is why it is crucial for us to ensure they are trained and skilled at ensuring their businesses become generational businesses, publicly traded businesses, franchised businesses or corporate businesses. |
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As part of our Power of Black: Business Incubation and Funding Program and Power MOVE program, we work with outside agencies to enhance the credit scores of our entrepreneurs enrolled in our program. Credit enhancement is included in tuition and begins during the program. Our aim is to have students prepared and funded by the end of their course, if they are in need of credit enhancement.
Credit is not needed to qualify for all funding programs. |
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If you are interested in acquiring funding on your own, this resource would be your best option.This 500-page directory includes funding opportunities nationally. It is a compilation of micro and large lenders with funding opportunities ranging from $5,000 - $2,000,000. The lenders, programs, incubators and/or grant providers are broken down by state to make the search for your funds easier.
This national directory of lenders, programs, incubators and/or grant providers are looking to fund good business and ideas. Good credit, years in business or collateral are rarely needed by agencies in this directory. Many simply require great ideas, unique situations and solid business planning. This invaluable directory is the resource every entrepreneur needs. |
To get started with our programs, call 770-850-9949.
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