Starting a brand new business is an exciting and challenging undertaking. It is exhilarating, but it also can cause much tension, as the new entrepreneur launches, maintains, and builds the enterprise.

Financing--specifically inadequate capitalization--is one of the most persistent problems faced by most entrepreneurs. Adequate capital is vital to starting a new venture, carrying it through the early "learning" months, establishing a customer base or clientele, and finally hitting profitability.

The difficulty of starting a new businesses is illustrated by Department of Commerce statistics that indicate only about 20% of new startups survive five years. Those statistics illustrate the importance of "doing it right."

New entrepreneurs frequently operate with unrealistic levels of optimism and underestimate how much time and capital will be required. Frequently, they expect their neighborhood banker to finance their great ideas, yet they are unable or unprepared to invest much of their own money.

BFN will help you obtain the funding you need. We will assist in developing your financial model and objectively advise you about how much capital you might acquire. If necessary, we will help you address credit issues and restructure your assets to facilitate funding approval. BFN then will assemble your customized proposal and submit it to a number of funding sources.

Starting a new business is not easy. With BFN's assistance, though, you can remove one of the primary issues facing new business startups--getting enough capital to launch and maintain the new business. Just give us a call or send information about your project to see how we can help.

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