We need a business plan. Then we look at the threeyear tax return and that statement. We do a lot of home care and momandpop shops. We also do start ups. We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business pl
Really be prepared to go to a lender. Being able to answer the questions you know that they will be asking is part of what we do as well. Im sure we will have lots of time for questions, but i will send it back to you. Director of the office of Small Business with the city and county of San Francisco. Again, i also want to thank congresswoman pelosi for hosting this event, and with her staff, and her leadership around all the work she has done supporting Small Businesses. Because she comes from San Francisco, and, by our definition, is Small Business is a business with under 100 employees. That is almost 85 of all businesses in the city. Because she is from here, she really understands what Small Businesses are about, and she articulates your needs in washington, d. C. In may 2008, San Francisco opened the office of Small Business, under the leadership of gavin newsom, under the urging of our Small Business leaders. The mayor heard there was a need for the community to have a small off
We need a business plan. Then we look at the threeyear tax return and that statement. We do a lot of home care and momandpop shops. We also do start ups. We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business pl
We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business plans take a while. Especially bank statements. We need to see consistent income coming in. So far, a credit union delinquent rate is quite low because we a
Documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business plans take a while. Especially bank statements. We need to see consistent income coming in. So far, a credit union delinquent rate is quite low because we are working with a client. We w