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Small Businesses contribute 55% to the GNP of the United States, pay 70% of federal taxes, and are the largest growing sector of the economy. The Problem Although small businesses are the largest contributors to the economy, they experience a failure rate of 80% during the first five years. Half of the survivors fail over following three years. The major reasons for failure are lack of sufficient capital, business knowledge, and no exit planning.The Solution In its 28 years of working with businesses, FMC Financial Services, Inc. has identified the necessary business components and provides the solution by providing financing, knowledge, and exit planning. Business success and wealth are achieved at a 90% success rate. Financing Since capital is not easily accessible to emerging businesses, FMC Financial Services, Inc. has developed a variety of financing solutions using federal programs and equity capital. Financing includes 7-a, 504, B&I, SBIC, MESBIC and private investment capital. Knowledge The most important behavior distinguishing an entrepreneur from a business owner, is that an entrepreneur takes responsibility to understand the “business side of the business”. Failing that, they just own a job with all the related debt. Seminars: A series of thirteen essential business seminars and are offered on a regular basis. Examples are “Your Access to Capital”, and “The Five Biggest Mistakes in Business and How to Avoid Them”. FMC School of Business for Business Owners: FMC Financial Services, Inc. employs a distinctive teaching method developed from years of practical experience and problem solving. Three semesters are offered, and a background in accounting and finance is not required. Exit Planning Put simply, Exit Planning is about leaving your business on your own terms. It is one of the most essential parts of your overall Business Plan, and ensures you will receive the maximum financial return for your business and minimize you tax liability. Eventually every business owner will exit their business even if it is “feet first”. FMC has developed a proven system that assures an orderly transfer of ownership when you leave your business while realizing the maximum wealth for your hard work. Senior Management To assure that the highest quality of advice and service is available to our clients, seasoned professionals, having a combined 177 years of experience are ready to assist. Value Added Services Business Plans, Business Models, and Business Valuations Exit Planning, ESOP, Business Brokerage, Franchising Business Turnarounds 8-a Minority Business Contracting, Business Education - Business School.
fmc financial services index page graphic fmc financial services index page graphic
fmc financial services index page graphic
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fmc financial services index page graphic

Bankers Corner - Government Lending Programs

For the past 27 years FMC has been assisting banks to provide government lending programs to finance small businesses. FMC’s banking services include:
  • Loan originating, structuring and underwriting.

  • SBA 7-a, 504 and B&I loan packaging.

  • Preparing loan closings.

  • Selling loans to investors in the secondary market.

  • Servicing loans sold in the secondary market through Colson Services Inc.

  • Marketing bank awareness to the business community through a series of specially designed seminars and work shops.

If you would like to explore how similar results may be achieved by your bank, we would appreciate an opportunity for substantive discussion in the near future.

Please think of FMC as a provider of business financing solutions for all of your government lending support, and business marketing needs.

Type

Maximum Loan

Maximum Rate

Term

yrs

Guaranty

Special Conditions

SBA-7A

 

 

 

 

 

  • Regular

2,000,000

P+2.75

5-25

85%

Size Std

  • Low Doc

150,000

same

5-25

85%

Size Std

  • Express

250,000

same

5-25

50%

Size Std

Bank uses its docs

  • Community Express

300,000

same

5-25

85%

Minority Company or geographical location

SBA 504

4,000,000

1st Lien lender sets

2nd Lien CDC sets

20

20

Na

Na

No refinancing,

only real estate & equipment

USDA B&I

32,000,000

Lender sets

30

80%

Geographical location

 

 

 

fmc financial services index page graphic


fmc financial services index page graphic
fmc financial services index page graphic
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