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Startup Business Loans Farmington NM

This page provides relevant content and local businesses that can help with your search for information on Startup Business Loans. You will find informative articles about Startup Business Loans, including "Five Tips To Help Entrepreneurs Find Early Stage Capital in a Tough (But Improving) Market:". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Farmington, NM that can help answer your questions about Startup Business Loans.

Ms. Rhonda L. Ledford, CFP®
(505) 599-4541
4601 E Main Ste 1
Farmington, NM
Firm
Wells Fargo

Data Provided By:
Mrs. Beverly J. Hatley, CFP®
(505) 334-2403
PO Box 126
Aztec, NM
Firm
Four Corners Financial
Areas of Specialization
Accounting, Asset Allocation, Banking, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Debt Management

Data Provided By:
Bank of America - Farmington West
(505) 599-3755
719 West Main St.
Farmington, NM
Type
Banking Center
Services
Banking Center Services: Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-6
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 8-6
Tuesday 8-6
Wednesday 8-6
Thursday 8-6
Friday 8-6
Saturday Closed
Sunday Closed

Wells Fargo - Animas Valley Mall
(505) 566-2580
4601 E Main St
Farmington, NM
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 08:30 AM-04:00 PM
Sun Closed

Wells Fargo - Farmington Main
(505) 324-9500
100 E Broadway
Farmington, NM
Type
Branch
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Mr. James F. Sandbothe, CFP®
(505) 327-1985
5150 E Main St Ste 112
Farmington, NM
Firm
Edward Jones
Areas of Specialization
Asset Allocation, Education Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Income Management, Retirement Planning

Data Provided By:
Bank of America - Farmington Main
(505) 599-3600
2200 East Main St.
Farmington, NM
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-6
Saturday 9-12
Sunday Closed
Drive Up Hours
Monday 8-6
Tuesday 8-6
Wednesday 8-6
Thursday 8-6
Friday 8-6
Saturday 9-12
Sunday Closed

Wells Fargo - Farmington Main Mb
(505) 324-9569
101 E Broadway
Farmington, NM
Type
Motor Bank
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat-Sun Closed

Wells Fargo - 20Th Street
(505) 566-7220
501 E 20Th St
Farmington, NM
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Wells Fargo - Bloomfield
(505) 632-3331
1200 W Broadway Ave
Bloomfield, NM
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Data Provided By:

Five Tips To Help Entrepreneurs Find Early Stage Capital in a Tough (But Improving) Market:


How the Venture Capitalists Nationwide Say to Do It
By Brian Hill

Profit Dynamics Inc., a research firm in Fountain Hills, Arizona,  recently conducted a survey of 74 venture capital firms from all regions of the United States. They were asked their views about the outlook for the early stage capital market in the upcoming year. On the whole, the VCs responded with at least a moderate degree of optimism, the overall theme being--the worst may be over. They were then asked this question:

What advice would you give to entrepreneurs looking for early stage capital?

Here's what they told us:

1. Be Prepared

In both good times and bad, this is good advice: Be thoroughly prepared for the presentation to VCs and focus on why your business will make money for investors.

2. Conserve Capital

In the late 1990's, capital was much more plentiful and in some cases, management teams looked at the term "burn rate" to literally mean they had investors' money to burn, and when one round of financing ran out, they could easily go out and get more. From 2000 and up to today, a massive reality check occurred in the market for early stage capital. The emphasis now is on conserving capital and reaching as many milestones as you can on your own without investors' money.

3. Be Committed

In the due diligence process, investors try to determine the level of commitment the management team has to the business. Will the team exhaust themselves trying to make this business succeed? Part of that commitment can be financial, both in terms of willingness to commit personal resources to the venture, and the willingness to forego compensation until the cash flow of the venture becomes positive.

4. Have An Outstanding Management Team

One way investors mitigate risk is to only put money behind the very finest management teams. An ever-viable maxim applies (and you imagine VCs carry this around in their wallets): a great team with a mediocre idea succeeds more often than a great idea with a mediocre team. The strength of the management team is even more critical to them when the new venture will be trying to gain a foothold in tough economic times.

5. Be Patient and Persevere

Even in the exhilarating days of the Internet boom, entrepreneurs were sometimes shocked by how long it took them to obtain seed stage or first round capital. For one thing, they did not take into account the incredible number of ventures that were begun...

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