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The Guide to Small Business Financing was first published in 2021 to help small business owners in DC discover and navigate the various local lenders and loan products to find the best business financing option. From local Community Development Financial Institutions (CDFI’s) and local banks to the District Government, there are a multitude of funding resources available to small businesses in the District. However, navigating this funding landscape can be challenging, especially for entrepreneurs or business owners who are just starting out.
This guide aims to consolidate the wealth of information on lenders and loan products available to support small businesses and provide key tips on how small business owners can research, compare, and apply for these financial resources. While this guide is useful for any small business, it is specifically designed for first-time borrowers embarking on their search for debt financing.
The Guide to Small Business Financing is made up of three parts: Borrower Preparation, a Lender Snapshot, and a robust Lender Directory.CNHED’s Guide to Small Business Financing is made possible thanks to a generous contribution from the Truist Charitable Fund.
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