SBA Funding Options and Resources for Small Businesses.
Date – Tuesday, September 26, 2023
Time – 11:30 a.m. – 1:00 p.m.
Location- Alice City Hall, 500 E Main St., Alice, Tx 78332
Bring Your Own Lunch & Learn!
Event Description: 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:
o Competitive terms: SBA-guaranteed loans generally have rates and fees that are comparable to non-guaranteed loans.
o Unique benefits: Lower down payments, flexible overhead requirements, and no collateral needed for some loans.
o Counseling and education: Some loans come with continued support to help you start and run your business.
Workshop Topics:
• Preparing for a Loan
• 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
• 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.
For more information or to register, please contact Elizabeth Soliz at 361-806-7696 or elizabeth.soliz@sba.gov