UMKC Innovation Center partners with the university and the community to spark and sustain entrepreneurial efforts within our region and across the country.

KCSourceLink connects KC entrepreneurs to the right resource at the right time.

MOSourceLink connects Missouri entrepreneurs to the right resource at the right time.

Whiteboard2Boardroom connects entrepreneurs and businesses to technologies available for licensing.

Digital Sandbox KC provides early-stage proof-of-concept support for digital products.

Missouri Small Business & Technology Development Center provides technical assistance to startup and existing businesses.

ScaleUP! Kansas City helps businesses with revenues around $200K scale toward their first $1 million.

Missouri Procurement Technical Assistance Centers helps local businesses obtain government contracts.

KCInvestED helps investors learn more about investing in KC startups.

SourceLink® helps communities nationwide build vibrant and vital entrepreneurial ecosystems.
UMKC Innovation Center
UMKC Innovation Center

Guide: Loans, Grants and Equity Funding  Part Five

SBA and Bank Loans

Once you've determined that an SBA or traditional bank loan is the right kind of financing for your business, you'll need to package your financial information in a way that makes it easy for a banker to make a favorable decision. At the most basic level, you will need to provide:

  • Basic information about your business
  • Basic information about the loan you are requesting
  • Financial information about your business

We highly recommend that you work with one of our KCSourceLink network Resource Partners who are skilled in helping business owners prepare themselves to approach funding sources.

In Kansas City:
Small Business and Technology Development Center at UMKC
Phone: (816)235-6063
Email: umkcsbtdc@umkc.edu

In Johnson County:
Small Business Development Center at JCCC
Phone: (913)469-3878
Email: ksbdc@jccc.edu

In Eastern Jackson County:
Small Business and Technology Development Center - Jackson County Extension
Phone: (816)252-5051
Email: samborskij@missouri.edu

Your counselor can help you pull together the following financial information:

Established businesses will need to provide three years of profit and loss statements. If you are a startup, you will need a short business plan summary.

Many banks work with the SBA to provide small business loans. Click for a summary of these loan products.

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