EmpowHer Series: SBA Funding Options for Women Entrepreneurs
U.S. Small Business Administration
Ladies, are you looking to start a business, or expand your current business but need funding?
The 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:
- Preparing for a Loan (the 5c’ of credit)
- Microloans
- 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
- SBA’s online tool, Lender Match (get matched with lenders)
- SBA Disaster Loan Programs
Register today for this empowering training, and let’s learn about Funding option for your business.🌈👩💼 #SBAWomenEmpower #SmallBizSuccess
For more information, contact Veronica Chavez at veronica.chavez@sba.gov or call 956-427-8622.
