Alternative Financing for Your Small Business

This course will be led by a SBA manager who will explain alternative sources and types of funding for a small business besides conventional bank loans. Many of today's small business owners use their cash on-hand to reinvest in their day-to-day operations. When starting a new business, you need money ¬to get it off the ground. You’ll probably need money to rent or purchase space for the business, furniture and equipment, supplies, professional fees such as legal and accounting, as well as continuing the research and development of your product or service. You may also need money to pay employees. The goal of this course is to educate attendees on small business resources available to start-ups and existing business owners for the examples listed above. Working capital, owner-occupied real estate and microloans will be covered as well as discussion topics such as business plans, SBA loan eligibility, terms, amounts, and credit requirements. An overview of what lenders look for in prospective clients will also be provided.

Speaker(s): Patrick Rodriguez

Co-Sponsor(s): Small Business Administration

Fee: No Cost