FMC Financial Services Dallas Texas.

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.

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What is SBA Packaging?

The Small Business Administration (SBA) requires that loan requests be prepared under specific guidelines in order to be reviewed and approved. These guidelines include company exhibits and documents, completed SBA forms, and a financial analysis. Both the SBA’s 7-a loan guaranty and the 504 debenture programs vary as to the packaging information and documents required and analysis format. FMC Financial Services, Inc. (FMC) has 28 years experience in preparing loan packages which have led to a 99% approval rate for loans requested.

Is it Hard to Package a SBA Loan?
It can be . . .

Loan packaging can be a confusing, complicated and time-consuming process. The package consists of numerous SBA forms and can require as many as 20 attachments which can include as many 300 pages and over three inches thick!

Interestingly, SBA turns down many otherwise eligible firms over inconsistencies and correctable issues. SBA's screening process is designed to weed out even the remotest possibility of a non-eligible or non-creditworthy firms. They carefully review every aspect of your application for anything that does not meet their strict eligibility criteria. It is easy to be turned down for something that you could have corrected beforehand if you had known it would be a problem.

Is There an Easier Way?
There sure is!

The key is to have your application professionally prepared by a consultant who knows exactly what SBA will be looking for and how to avoid the pitfalls.

We will professionally prepare your SBA application package, saving you both time and money. And you can be assured that it will not be rejected due to incompleteness, disorganization or correctable eligibility problems. Even if it turns out that you have a few eligibility obstacles, they can often be overcome if you know what to do. That's why experience is so important.

FMC Financial Services, Inc. has developed an organized system for gathering the necessary information and preparing the package in a complete and efficient manner. This allows us to complete your application in less time and assures you of the best chance of getting funded.

Completion Time

When FMC Financial Services, Inc. prepares your package; we go through an initial interview to determine eligibility and to identify what documents and information you will need to supply to prepare a complete package. We provide you with a written checklist of everything you will need to provide for your application. As soon as we have received all your information, we begin to prepare the package. Normally the package is complete and ready for your signature within 14 business days from that point.

What Will It Cost?

Because some applications vary in degree of complexity and will require additional paperwork to prepare. We will assess your project and estimate the hours necessary to complete it and commit to a price before work begins.

Of course, you could prepare your own application package. There are two reasons why we don’t recommend it. First, it will take between 40 and 60 hours of your time to prepare all the forms and attachments required to make up a complete SBA package (often over 300 pages). That is time you need to dedicate to running your business. So you really won’t save any money by doing it yourself -- in fact, it will probably cost your much more. Frankly, the chances of your being able to get such a package approved without expert guidance are slim.

The second reason is that you are not an expert in SBA packaging. Most of the applications that SBA turns down are self-prepared. There are many “trip wires” in a SBA application that an expert can help you avoid. And keep in mind that approval of your SBA package can be worth thousands of dollars in financing. That is far too important to experiment with trying to do yourself on a hit-or-miss basis.

How Do I Get Started?

Please call FMC Financial Services, Inc at 972-243-8599 and request a SBA packaging specialist for assistance and to schedule a free consultation. Also you can e-mail us by completing the information requested below. To expedite the process we suggest you download FMC’s preliminary packaging checklist and sample packaging contract.

Downloads

Government Agency Loan Application Check List

SBA Packaging Fee Agreement