Webinar - SBA Funding Options and Resources for Small Businesses

Event description

Are you looking to start or expand a small 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 loan guidelines and reducing lender risk. These SBA-backed loans make it easier for small businesses to get their needed funding. The benefits of SBA-guaranteed loans include:

• Competitive terms: SBA-guaranteed loans generally have rates and fees 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 provide continued support to help you start and run your business.

Workshop Topics:

• Preparing for a Loan
• 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
• 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.

For more info, contact Elizabeth Soliz at 361-878-5583 or elizabeth.soliz@sba.gov

The Informational Workshops have been organized by the SBA for the community. The SBA’s participation is not an endorsement of any opinion, product, or service of the organizations in attendance.

SBA programs and services are provided on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made, if requested at least two weeks in advance.