Financial Advisory Services for Small Maryland Businesses

The University of Maryland is seeking to identify independent, direct hire (freelance) financial advisory services that directly support entrepreneurs—especially Socially and Economically Disadvantaged Individuals (SEDI) and Very Small Businesses (VSBs)—in preparing for and accessing capital. This includes support with business banking, loan readiness, financial documentation, and strategic credit and capital planning, aligned with SSBCI Technical Assistance objectives. The services will include assistance with establishing a banking relationship, loan application readiness and submission, capital access strategy and resource identification, development of financial packages, business and personal credit advisory, creation of financial projections, and financial statement creation and QuickBooks setup. The selected vendor will be expected to provide financial guidance specific to capital access and SSBCI TA priorities, deliver clear and actionable documentation and support, maintain confidentiality, and operate with professionalism. • Assistance with Establishing a Banking Relationship • Loan Application Readiness & Submission • Capital Access Strategy & Resource Identification • Development of Financial Packages • Business & Personal Credit Advisory • Creation of Financial Projections Using LivePlan or Equivalent Tools • Financial Statement Creation & QuickBooks Setup