Myths and Realities of Small Business Funding

If thinking about financing your small business makes your head spin, we’re here to help. Join us for Myths and Realities of Small Business Funding. This program will cover the new State Small Business Credit Initiative program, designed to support small business’ access to capital, in addition to covering other various types of financing including: conventional bank loans, SBA-guaranteed loans, private equity, specialty lending programs and grant funding. Our facilitators will delve into the common myths and misconceptions surrounding the financing of small businesses and provides a comprehensive understanding of the realities entrepreneurs face. Through a combination of guided facilitation and class participation, participants will explore various financing options, debunk prevalent misconceptions, and gain practical insights into the various ways of financing a successful small business. Course Outline: -Types of capital -Sources of capital -Demystifying the lending & borrowing process -Understanding business & personal credit -Traditional & non-traditional financing options -Grants – the promise of free money -Getting loan ready