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SBA Funding Options and Resources for Small Businesses

June 27, 2024 @ 12:00 pm - 2:00 pm

Free

Are you looking to start a business, or expand your current business but need funding?

The U.S. Small Business Administration (SBA) works with approved lenders and community development organizations to offer SBA-guaranteed loans to help your businesses start, grow, expand, and recover.

The SBA helps small businesses get funding by setting guidelines for loans and reducing lender risk. These SBA-backed loans make it easier for small businesses to get the funding they need. The benefits of SBA-guaranteed loans include:

  • Competitive terms: SBA-guaranteed loans generally have rates and fees that are comparable to non-guaranteed loans.
  • Unique benefits: Lower down payments, flexible overhead requirements, and no collateral needed for some loans.
  • Counseling and education: Some loans come with continued support to help you start and run your business.

Workshop Topics:

  • Overview of SBA Programs and Services
  • Overview of SBA Resource Partners
  • 7(a) Loan Guarantee, SBA’s most common loan program
  • 504 Loans, long-term, fixed rate financing of up to $5 million for major fixed assets
  • Microloans and Microlenders
  • SBA’s online tool, Lender Match (get matched with lenders)
  • SBA Disaster Loan Programs
  • How to access “no-cost” resources available to assist your business.

Fee: FREE

Copy of the recording and materials will be sent to all attendees.

Details

Date:
June 27, 2024
Time:
12:00 pm - 2:00 pm
Cost:
Free
Website:
https://www.score.org/broward/event/sba-funding-options-and-resources-small-businesses-0

Organizer

Score

Venue

ONLINE