About Us

Our Approach

R.L. Underwood & Associates services are designed to assist small business owners develop and implement creative business development solutions. R. L. Underwood & Associates provide a variety of business consulting and training services to current and prospective business owners.

R. L. Underwood & Associates provide management consulting as well as assistance in preparing loan packages for private, federal, state, and local lending programs. Our services can be developed and customized to meet the needs of start-up as well as existing business enterprises. Make the Right Choice, put R. L. Underwood & Associates to work for you.

Our Story

R.L. Underwood & Associates was started in 1998 by Rafeal L. Underwood to provide management, technical assistance and business development services to small businesses, government agencies and community development organizations.

Rafeal L. Underwood is a Certified Economic Development Finance Professional, a Certified Business Analyst and holds a M.S. degree in Community Economic Development from Southern New Hampshire University and a B.S. degree from Franklin University with a major Finance and over 30 years of experience in economic development finance.

Mr. Underwood is a seasoned professional and has solved some of the most complex economic and business development financing needs across the country. Mr. Underwood has packaged and negotiated over $100 million dollars in financial arrangements for small business statewide

Meet the Principal


Rafeal L. Underwood, Sr.


Rafeal L. Underwood, Sr. has over 30 years of community economic development and planning experience. Within this space, he has concerted his efforts in strategic planning, economic development, economic inclusion, stakeholder outreach, business capacity building, grant proposal preparation and administration, economic incentive program design, and developing process solutions for today’s community economic and business development challenges.

Underwood is known for his economic development program design particularly in the subjects of incentive program design, funding program design and comprehensive economic development strategic plan design, preparation and implementation.

Next Steps...

Your community needs successful financial results in your next business or economic development project.  Make the Right Choice and call us today! at (614) 515-0853!