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, 504, 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).  

Currently, the SBA provides an 85 percent guarantee to SBA lenders for 7a loans under $150K and a 75 percent guarantee for 7a loans over $150K.

Speaker: Patrick Rodriguez, U.S. Small Business Administration (SBA)

Register by: 4:00 PM May 24

To register, visit https://www.ncsbc.net/workshop.aspx?ekey=580420038.