Capital Access Clinic

The CAC not only helped us understand our financials but also empowered us with the tools and knowledge to confidently navigate through them. This understanding has been instrumental in making informed decisions and steering our business towards profitability. The CAC provided us with comprehensive guidance on how to present our business plan and financial projections effectively. As a result we approached lenders with confidence and secured the necessary funding to kickstart our venture.

WBD works with entrepreneurs starting businesses and small business owners looking to expand. These business owners have a vision and good ideas, but don’t have the financial expertise to create the projections and assumptions lenders require to make a financing decision. I regularly refer these businesses to the SBDC Capital Access Clinic for assistance. The team at the Capital Access Clinic not only help clients with information that lenders require, but it’s a great learning experience for the entrepreneur. The SBDC Capital Access Clinic team provides a great resource to the small business community!

The free services provided by the UWEC Small Business Development Center (SBDC) Capital Access Clinic are crucial for most of the businesses that utilize the Regional Business Fund, Inc. (RBF) loan programs. Like traditional financial institutions, RBF requires business plans and financial projections as part of a loan application to a start-up or expanding business, and SBDC aids the business in completing these documents. The SBDC consistently delivers high-quality products which are highly respected by the RBF, Inc. Board of Directors and county loan committees. Further, the technical assistance provided by SBDC increases the business owner’s knowledge of their industry and projected cashflow. The SBDC services are a vital part of the economic ecosystem in western Wisconsin.