Georgia is the 8th most populous state with a population of over 10 million. Atlanta, GA, is both the State Capital and the largest city in the state, with an estimated 6 million people in the Atlanta metropolitan area, which is the 9th most populous metropolitan area in the United States. Georgia’s gross state product is over 600 million, which, if it were a country, would be the 28th largest economy in the world.
Georgia is an economic powerhouse with 17 Fortune 500 companies and 26 Fortune 1000 companies with headquarters in Georgia, including Home Depot, UPS, Coca-Cola, TSYS, Delta Air Lines, Aflac, Southern Company, Anthem Inc., SunTrust Banks and many more. The Port of Savannah is the fourth largest seaport and fastest-growing container seaport in North America. Atlanta, GA has been seen tremendous growth in finance, insurance, technology, manufacturing, real estate, service, logistics, transportation, film, communications, convention, and trade show businesses and industries. At the same time, tourism is vital to the economy as well.
Businesses in Georgia have a few different options when it comes to funding and business loans. But many newer businesses may not be aware of all the available funding options, or how to apply for them. Even worse, some business owners may go to a bank for a loan and be turned down because they don’t have the required collateral or credit score.
How Do I Get A
Small Business Loan in Georgia?
Getting a loan in today’s business world can be tough, but it’s not impossible. You just have to know where to look and what you’re looking for.
Advancepoint Capital's network of independent business funding specialists work with all types of businesses in a wide array of industries. We're here to help you find the best possible financing for your business. Contact us to get fast and easy access to the working capital you need to grow your business.
The 9 Best
Financing Options and Resources for
Georgia Small Businesses
Small Business Loans for
Georgia
SBA Loans in Georgia
Merchant Cash Advance in
Georgia
Business Cash Advance in
Georgia
Business Line of Credit in
Georgia
Equipment Financing for
Georgia
Invoice Financing in
Georgia
Short Term Small
Business Loans in Georgia
Long Term Business Loans for
Georgia
U.S. Small Business Administration
How to Grow Your Business in Georgia
View the Georgia Small Business Resource Guide for information and assistance in growing your local business, exploring funding options, and contracting.
U.S. (SBA) U.S. Small Business Administration
Georgia District Office
Find local assistance
Why Does Your Georgia Area Business Need Money?
The most common use of proceeds small businesses acquire loans for their business.
- Working capital loans
- Equipment loans
- Business Expansion Plan
- Recruiting employees
- Small Business Development
- Cash flow shortages
- Emergencies
- Advertising and marketing
- Any legitimate business purpose, use, or opportunity
Additional Resources, Government Programs, Help and Information for Georgia Small Business
Available Initiatives, Programs, and Grants to support small business in Georgia
The State of Georgia Department of Economic Development “Finance My Small Business” – The Georgia Department of Economic’s mission is to help support, promote and encourage economic development, provide additional resources for small business in Georgia.
The U.S. Department of Treasury State Small Business Credit Initiative (SSBCI)
Micro Loans/CDFI -These lenders, or Community Development Financial Institutions (CDFI), have lending portfolios that offer many different types of small business funding.
City of Atlanta Loan Programs – Helping local small businesses reach significant potential with solutions for your company.
Green Loans – Eco-friendly products or services for an existing local business can be accessible with “green” loans from the state.
Rural Business Loans – Learn about financial aid opportunities for small businesses in rural Georgia.
Federal Grants & Loans – Find various foundations and non-profit opportunities.
Foundations in Georgia – Connect with various foundations and non-profit opportunities
SBA U.S. Small Business Administration Georgia District Office
Women Business Enterprises (WBE)
ACE’s WISE (Women Investing in Successful Entrepreneurs) – WISE provides access to capital combined with business advisory services for women who are expanding or starting a business in local metro Atlanta and the North Georgia region.
Contact AdvancePoint to help you navigate through the above information and resources available to small business owners.
Advice, Tips, and Warnings for Small Business Entrepreneurs
When looking for money for your business, small business entrepreneurs should always begin the process with what is the purpose and use of the funds you are trying to acquire for your business. Do you know the obstacles that exist when getting approved? (Credit Issues, Bank Statement cash flow issues, time in business, financial statement issues).
Underwriting for business funding is much more risk-averse than consumer lending, so you need to take your time in looking through all the options that are available by lenders.
AdvancePoint Capital has been very successful in helping small business entrepreneurs search for money for their business easily and painlessly without wasting time or, more importantly, your hard-earned money. AdvancePoint Capital has a large marketplace of small business loan options with many different product offerings providing flexibility.
As we always say at AdvancePoint Capital, compare, shop, and you will always save!
Get Started Today
AdvancePoint Capital makes the loan application process a simple, straightforward experience.
