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Most businesses need outside sources of financing to get a sound foundation or fund expansion plans. As a world class financial center, DC has many banking and financing institutions that can meet your business’ needs. You can obtain a loan from a bank, work with a lender to get a loan guarantee from the U.S. Small Business Administration (SBA) or secure funds from an angel investor, venture capital firm or small business investment company.
The District of Columbia Department of Insurance, Securities and Banking (DISB) promotes the availability of capital for small businesses. In 2005, the DC Mayor introduced a new small business development financing program called the Certified Capital Company (CAPCO) Investment Program, which is administered by the DISB.
Download the Business Financing chapter. |
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