We have more than 25 years of small business technical experience
Small Business Loan Program
This small business loan program is a low cost flexible loan program for pre-revenue start-up and existing businesses that have working capital or start up budget needs. This loan program is especially helpful to those who are not able to access traditional bank financing. Loan funds are flexible and can be used for renovations, inventory, marketing, debt refinance, and working capital.
Small Business Express Impact Loan Program
This express loan program is for small businesses that need a quick capital infusion to meet working capital gap needs. This is flexible working capital up $15,000 for immediate and flexible use. Especially with rising costs of goods and services, small businesses can use this express loan to assist with vendor payments, debt refinancing or pay for increasing operating expenses.
SBA Community Advantage
This is an SBA guaranteed loan program for pre-revenue start-up and existing businesses that need to borrower a larger loan amount but lacks the traditional collateral to secure their loan. With the SBA guarantee, Renaissance is able to extend a larger loan to those who cannot access conventional bank loans.
Renaissance's minimum credit score criteria for a loan is 600. Before applying for a loan, please check your credit report with the three credit bureaus: Experian, Trans Union, & Equifax.
Yes, you can still get a loan. Renaissance is not a collateral lender. We do not focus on personal assets. Rather, we do require to file a UCC lien on all business assets if you receive a loan from Renaissance.
It depends. A business must demonstrate how they will become net positive if Renaissance is to provide them a loan. Renaissance will accept financial projections that are realistically reviewed to determine loan repayment ability.
Depending on the loan amount and the documents received from the business owner, that will determine the length of time to process your loan application with Renaissance. If your loan request is $15,000 or less, the average time to process your loan is two (2) weeks. However, if your loan is larger than $15,000, the average time to process your loan request is between two weeks - one month depending on how soon you can provide us with your business information and documents.
To set up a one (1) hour initial business consultation meeting. The meeting can be held in-person or virtual. In the one hour meeting, we will assess your capital needs and then determine which loan products will best suit your financial situation. Then, we will help you apply for that loan product and guide you through the entire loan process.
September 26, 2023
你打算自己做生意, 但不知從何入手?那就從一份盈利的計劃書開始吧!參加本講座, 讓SBA專員-郭曼麗小姐為您講解商業計劃的格式和內容,以及分享實用的資源。
September 20, 2023
중소기업을 위한 상업용 임대 Q&A 상업용 임대차의 공통 조항 설명 이 조항을 해석하고 적용하는 방법에 대한 조언 새로운 상업용 임대 계약을 협상할 때 상업용 임차인이 포함할 수 있는 조건을 권장
September 13, 2023
마이크로 소프트 오픈 AI 에서 개발한 전세계에서 열풍적인 인기를 끌고있는 챗 GPT란 무엇인가? 챗 GPT 가입부터 프로그램 사용방법 그리고 비즈니스에 적용 및 활용방법까지 워크샵에서 알아보겠습니다.
September 12, 2023
您曾想過擁有個人事業, 卻從未付諸實踐嗎?本講座將會向您講解退休後從事創業的原因、時機、內容以及方式。曼麗女士將會為您提供一份成功之路的藍圖。
Our business advisory team is available to assist you on a 1:1 basis to understand your specific business needs.
Please schedule an appointment below and an advisory team member will contact you on your preferred meeting time to meet via zoom or in-person.