Funding Assistant
Answers questions about funding your business. Ask about SBA loans, grants, eligibility, and application requirements — using your business type, location, and funding amount as context.
Funding questions specific to your business and location.
Funding Assistant uses your business type, location, and funding amount to give specific answers — not a generic list of options that may not apply to you.
See the kinds of answers you get.
"What SBA loans am I eligible for? I need $75,000 to open a bakery in Austin."
Returns your SBA match: an SBA 7(a) loan for up to $500,000 (most common for small businesses), with eligibility criteria (two-year business plan, credit score above 650, proof of US citizenship or permanent residency). Notes that Austin has three SBA-approved lenders within 10 miles and lists them with average approval timelines.
"Are there grants for women-owned businesses in Texas?"
Returns a ranked list: the Texas Women's Business Center grant programs, the Amber Grant for women entrepreneurs ($10,000 monthly), SBA Community Advantage for underserved markets, and the USDA Rural Development Business Grant if applicable. Includes eligibility requirements and current deadlines for each.
"What documents do I need to apply for a microloan?"
Returns the standard microloan package: business plan with 24-month projections, personal and business credit history, three months of bank statements, a use-of-funds statement, and government-issued ID. Notes that SBA microloan intermediaries often require a short application call.
When to consult a professional.
Funding Assistant recommends a CPA or SBA loan specialist for applications above $250,000, equity raises from outside investors, SBA 504 loans with real estate components, and any funding situation where personal assets are at stake.
Five more Assistants included.
All six use your business context — type, city, stage, plan — so answers stay specific to your situation across every step of your launch.
Frequently asked questions
Yes. It uses your city, state, and business profile to surface relevant local and state-level grant programs alongside federal options like SBA loans.
Yes. Ask it what documents a specific loan type requires and it will return a checklist. BossWorks also generates the business plan and financial projections most lenders ask for.
Yes. All six Assistants are included in the $20 per month or $200 per year BossWorks subscription. No add-ons required.
Find funding for your business.
Funding Assistant is included in every BossWorks account. Describe your idea and get started in minutes.