Preparing Your Business to Borrow Money Before Negative Economic Shifts (Online)
Incidents like a Coronavirus outbreak can strain a small business's financial capacity to make payroll, maintain inventory and respond to sudden drops in demand. Businesses should prepare by exploring capital access options so that the money is there when it’s needed. Early communication with lenders can present financing opportunities even if they don’t need to be taken advantage of until later. Lines of Credit, SBA Disaster Assistance Loans, and small business loans can all be considerations. Find more information on what paperwork is required and how to begin getting your affairs in order today so that you will be prepared to access the funding you may need tomorrow.
Speaker(s): Tonya Snider, tenBiz INC
Co-Sponsor(s): The Greater Mount Airy Chamber of Commerce, Yadkin County Chamber of Commerce, and Yadkin Valley Chamber of Commerce
This will be a live webinar presented through Webex. Meeting and access information for this webinar will be available upon registration. We highly recommend logging-in to this meeting at least ten minutes prior to the start time.
Fee: No Cost