Beyond the Myths: How Small Businesses Actually Secure Funding - Online
In this session, we will take a practical and transparent look at how small businesses successfully secure funding. Many entrepreneurs receive mixed messages about financing - especially around grants, startup loans, and what it takes to qualify. With so much information circulating, it can be difficult to distinguish between common assumptions and actual lending requirements. This course will clarify how different types of funding work and walk through what lenders evaluate when reviewing an application. Participants will gain a better understanding of the Five C’s of Credit, the role of personal investment and financial stability, and why thoughtful planning before applying can significantly improve the likelihood of approval. We will also cover: • The difference between grants, loans, and alternative funding sources • What lenders review in your personal and business financials • Why working capital planning is essential • The role of credit, collateral, equity injection, and cash flow • Steps entrepreneurs can take now to become capital-ready By the end of the session, participants will have a clearer understanding of what it really takes to access capital and a roadmap to strengthen their business before applying for funding.
Speaker(s): Vanesa Murcia - Carolina Small Business Development Fund
Co-Sponsor(s):
Wilkes Community College is an ADA compliant institution. WCC does not discriminate based on a disability in the admissions process or in access to its programs, services, and/or activities for qualified individuals who meet eligibility requirements. WCC will provide reasonable accommodations for individuals with documented disabilities. If you need accommodations please contact the Director of Disability, Inclusion, & Diversity, Renee Macemore, at 336-838-6560 or rmmacemore052@wilkescc.edu or the Director of the Small Business Center, Laurie Brintle-Jarvis at 336-838-6166 or lsbrintle336@wilkescc.edu at least a week in advance prior to starting a program, service, and/or activity.
Fee: No Cost