Busting Myths to Small Business Financing - IN-PERSON ONLY TRAINING

Event description

This is a no-cost event! Registration is encouraged as seating is limited. 

This is an IN-PERSON WORKSHOP ONLY. The workshop will be held at the UTSA Downtown Campus, Durango Building, Room 2.316. 

Join us for an engaging in-person workshop led by the UTSA Small Business Development Center (SBDC) and Lone Star National Bank. This session will address and debunk common myths about small business financing, providing you with clear, actionable insights to improve your understanding of available financing options and get your funding questions answered.

Agenda:

1. Introduction to Small Business Financing
   • Overview of financing basics
   • Common myths and misconceptions
2. Debunking Common Myths
   • Addressing misconceptions about loan approvals
   • Clarifying misunderstandings about interest rates and terms
3. Exploring Financing Options
   • Traditional loans vs. alternative financing
   • Grants, lines of credit, and other funding sources
4. Understanding Credit Requirements
   • How credit scores impact financing
   • Strategies for improving your credit profile
5. Preparing for a Loan Application
   • Essential documentation and information
   • Tips for presenting a strong application
6. Navigating the Lending Process
   • Step-by-step guide to securing financing
   • What to expect during loan review and approval
7. Alternative Financing Solutions
   • Exploring non-traditional funding options
   • Pros and cons of various alternatives
8. Q&A Session
   • Addressing your specific financing questions
   • Personalized advice and resources

Instructed by: UTSA Small Business Development Center (SBDC) and Lone Star National Bank.