SBA Funding Options and Resources for Small Businesses

Event description

Are you looking to start a business, or expand your current business but need funding?

The U.S. Small Business Administration (SBA) works with approved lenders and community development organizations to offer SBA-guaranteed loans to help your businesses start, grow, expand, and recover.

The SBA helps small businesses get funding by setting guidelines for loans and reducing lender risk. These SBA-backed loans make it easier for small businesses to get the funding they need. The benefits of SBA-guaranteed loans include:

• Competitive terms: SBA-guaranteed loans generally have rates and fees that are comparable to non-guaranteed loans.
• Unique benefits: Lower down payments, flexible overhead requirements, and no collateral needed for some loans.
• Counseling and education: Some loans come with continued support to help you start and run your business.

Workshop Topics:

• Overview of SBA Programs and Services
• Overview of SBA Resource Partners
• 7(a) Loan Guarantee, SBA’s most common loan program
• 504 Loans, long-term, fixed rate financing of up to $5 million for major fixed assets
• Microloans and Microlenders
• SBA's online tool, Lender Match (get matched with lenders)
• SBA Disaster Loan Programs
• How to access "no-cost" resources available to assist your business.

Fee: FREE

Copy of the recording and materials will be sent to all attendees.