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BUSINESS FINANCING
There are numerous sources of financing in the State of Oklahoma. Funds for running a business are available in two forms:
DEBT CAPITAL: funds obtained from borrowing
EQUITY CAPITAL: funds provided by the sale of stock or increased investment.
The raising of equity capital will require consultation with legal counsel. Debt capital is less complicated. Traditional sources of debt capital are banks, venture capital firms and loan programs. A loan package should contain:
Current Financial Statement
Pro forma Amount of Loan
Profit and Loss Statement
List of Collateral
Description of Business
Estimate of Amount of Personal Investment
Detailed Projection of First Year Earnings