Are you ready? Loan and Grant Readiness

There are many loans and grants out there to strengthen or grow your small business. Do you have what you need to apply? If yours is a microbusiness, or a business that employs fewer than 10 people, the requirements may seem complicated and overwhelming. 

You CAN get ready to successfully apply for small business funding. Bank lenders, small business service providers, and the City of Boston show why it’s worth it to:

  • Update your accounting and bookkeeping practices 
  • Apply for a UEI number and keep City and State certificates and licenses up to date
  • Formalize your payroll
  • Create a business plan even if you’ve already been in operation for years
  • Get help preparing financial projections, planning, and more

Check out these guides to get you on your way

Keeping Track of Your Finances

Gisella Soriano, Eastern Bank, VP Business Banking Relationship Manager and Member of Equity Alliance for Business

Why Do I Need a Business Plan?

Bob O’Brien, The Cooperative Bank, Assistant VP

What is a CDFI?

Gerardo Bacchus, Dorchester EDC, Loan and Outreach Officer