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 purposes.
 

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).
 

Speaker: Scott Wolford
 

Register by: 10:00 AM May 31
 

To register, visit https://www.ncsbc.net/workshop.aspx?ekey=580430090.