The mission of the SNAP Financial Access Business Development Services is to create income and assets for low to moderate income persons through business development and expansion. This is done by providing comprehensive assessment, technical assistance, business plan development, training and loan funding to those that do not have access to loans from commercial sources.Through its loans and services, Business Development Services helps small business owners strengthen their businesses, stabilize their incomes, create additional employment and contribute to the economic revitalization of their communities.
The main objectives Business Development Services are to:
- Encourage economic self-sufficiency for individuals and families.
- Provide an avenue for low-to-moderate income entrepreneurs to gain access to credit.
- Afford opportunities for job stabilization and job creation in low and moderate income communities throughout Eastern Washington.
- Build the capacity of low/moderate income entrepreneurs to be successful in business.
SNAP offers workshops to help you every step of the way to start a new business or expand your existing business.
SNAP offers a variety of business loans to help get your business started or make your dreams of expansion a reality.
Additional support services are available through SNAP to help you make your business a success.
SNAP Financial Access Business Development Services has a long history of working with disadvantaged entrepreneurs. We began in 1997 with a partnership with the local SBA office, SBDC and the local 504 lender who provided a small loan fund from its reserves. We have provided training on many different topics needed by small businesses, becoming more experienced and sophisticated in our offerings over the years. In 2005 we began lending on our own, and in 2006 became a CDFI. In 2010 we became an SBA Microloan Intermediary, and in 2014 opened a Women’s Business Center.