Technical Assistance
Management & Technical Assistance: The BBIF utilizes several approaches to
assisting small business owners which are: (1) Orientation workshops on "how
to start and manage your business". (2) the expertise of several CPA's,
Attorneys, Financial and Managerial planners and Marketing professionals to
assist small businesses , (3) a more intense management development program
with the use of our BBIF team. BBIF has monthly Roundtables and One-on-Ones
are also utilized to assess a business's successes and challenges and to
monitor their progress.
Financing Technical Assistance
BBIF’s Financing Technical Assistance services are designed to provide
client firms with intensive technical assistance and lead them to secure the
best possible financing for their businesses. These services include
guaranteed loans, direct loans, and loans facilitated by BBIF through
financial institutions other than BBIF partner banks. As a part of this
technical assistance, BBIF performs the initial underwriting of the loan,
structuring of the deal, sourcing potential investors, aids clients in
shopping the loan to these investors, and negotiates on the clients behalf
for the best loan agreements.
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