Description

Do you require financial assistance to start a business, expand an existing business or to help cover short term business expenses? Securing small business loans can be challenging. In this seminar experts from the SBDC, the SBA, Commercial Banking and Growth Capital will address how to prepare for a loan, where to find help, types of lending programs, and how to obtain financing. Topics covered include: 1.Preparing to start or grow your business and determining costs. 2.Developing your business plan. 3.Where to find help. 4.Bankers perspective on what lenders expect from you. 5.Understanding the loan application process and basic eligibility criteria. 6.What financial information is needed on a loan application. 7.Additional free business resources. 8.SBA loan programs: 7a, Community Advantage, CAPlines and Microloans. 9.USDA Rural Development Loan Program. 10.Non Traditional financing options. 11.What is a Certified Development Company and how they can help. 12.SBA 504 loan program and Ohio Regional 166. 13.Updates in 2023 Organized by the Ohio SBDC at Lakeland Community College This workshop will be using the WebEx platform. Once you have registered, you will receive the link for this webinar on June 13, 2023. Deadline to register is June 13, 2023 by 4pm. Presented by: •Anita Stocker, Business Advisor specializing in finance at Ohio SBDC at Lakeland C.C. •Thomas R. Sangrik, Business Development and Lender Relations, U.S. SBA in Cleveland •John Kropf, Executive Director and President, Growth Capital Corp. •Commercial Banking Expert