Fueling Your Small Business With SBA Lending – Online
The SBA does not lend money directly to small businesses. However, the SBA assists in bringing debt capital (i.e., loans ranging from a few thousand dollars up to $5 million dollars) to small businesses across the country by providing incentives such as a guarantee to their lending partners (e.g., non-profit lenders, small community banks, credit unions, regional lenders, and nationwide banks) to assist new and existing small businesses and industries for a variety of needs.
In this webinar, you will learn about the various SBA loans including the 7a, Micro, and Community Advantage Loan, and gain an understanding of when a Surety Bond might be needed.
Businesses can use SBA loans to:
• Provide long-term working capital for operational expenses or to purchase inventory;
• Obtain short-term working capital, including seasonal financing and exporting;
• Purchase equipment, machinery, furniture, fixtures, supplies, or materials;
• Buy land or purchase, build, or renovate an existing building;
• Expand an existing business; or
• Refinance debt (under certain conditions).
Register by: 10:00 AM May 7
NOTE: For this webinar, there is a two-step registration process. Once you complete your registration with the Small Business Center (SBC), you should receive a confirmation email from centeric@centeric.ncsbc.net that includes a Zoom link for the second part of the registration process. If you do not see the confirmation message in your inbox, please check your junk/spam folder. In order to receive the video conferencing login information and guarantee your spot for the webinar, you must also register via the Zoom platform.
Speaker(s): Heather Port, Outreach and Marketing Specialist for the U.S. Small Business Administration (SBA)
Co-Sponsor(s):
All webinar participants must be real individuals. The use of AI bots or automated scripts to join, interact, or engage in discussions is prohibited and will be removed by the host when noted.
Fee: No Cost