2. GulfCoast Business Finance, Inc.
Proposal to increase volume of loan
applications through Social Media and PR.
3. Who is GulfCoast Business Finance?
“GulfCoast Business Finance, Inc. is a non-profit
corporation established in 1982, whose mission is to
assist small businesses with access to capital. We work
with the U.S. Small Business Administration (SBA) and
private-sector lenders to provide long-term, fixed asset
financing whose terms are oftentimes more attractive
than conventional financing.”
4. What does GulfCoast Business Finance
Provide?
SBA 504
SBA financing of up to 40% of total eligible project costs combined
with a participating bank’s financing of 50% to enable a business
to purchase/construct/renovate a building and/or purchase
equipment.
Community Advantage
The Community Advantage initiative will provide loans of up to
$250,000 to eligible small businesses and will feature a
streamlined application process with a loan term of up to ten
years. Use of loan funds can include working capital, facility
upgrades, purchase of equipment and debt refinance.
5. Agenda
1. Low Volume of Loan
Applications
2. Improve
Marketing & PR
3. Publish News Briefs
& Update Social Media
(Facebook)
6. Target Market
Small Business Owners within
the State of Florida
Primary Target Market:
North Florida - Jacksonville
Tampa Bay Area
South Florida - Miami
7. Why low application submissions?
❖ Where does GBF get their referrals?
➢ Lenders
➢ Word of Mouth - Small Businesses
8. Problems:
❖ Not-For-Profit
➢ Higher risk for GBF - applicants may be weary
❖ Social Media
➢ Technology Age - Facebook presence can be KEY
❖ PR
➢ Monthly Press Releases and/or News Briefs
9. Agenda
1. Low Volume of Loan
Applications
2. Improve
Marketing & PR
3. Publish News Briefs
& Update Social Media
(Facebook)
