Funding 101: An Overview of SBA Funding Programs for Small Business

Funding 101: An Overview of SBA Funding Programs for Small Business

IF YOU NEED ACCESS TO CAPITAL TO HELP YOU ACHIEVE YOUR BUSINESS GOALS, THE SBA OFFERS A VARIETY OF FUNDING PROGRAMS

By SBA South Carolina District Office

Date and time

Tuesday, June 4 · 10am - 12pm EDT

Location

Fountain Inn Library | Kerry Ann Younts Culp Branch

311 North Main Street Fountain Inn, SC 29644

About this event

  • 2 hours

IF YOU NEED ACCESS TO CAPITAL TO HELP YOU ACHIEVE YOUR BUSINESS GOALS, THE SBA OFFERS A VARIETY OF FUNDING PROGRAMS FOR ALL KINDS OF SMALL BUSINESS VENTURES.


Funding to Help You Start or Grow Your Business While the SBA has many specialty loan lines, our loan programs can be divided into three main categories:


• The 7(a) Loan: Can be used for almost any purpose, including buying real estate, equipment, inventory, or for working capital, refinancing business debt, or purchasing a small business.


• SBA Microloan Program: Great for helping start-ups launch and grow, or repair credit. Loans from $500 to $50K plus free business counseling.


• 504 Certified Development Company Loan Program: Competitive fixed-rate mortgage financing to purchase land, heavy equipment, or real estate for businesses that do not qualify for traditional financing.


Other funding options will also be covered in this session.

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SBA South Carolina District Office

The SBA South Carolina District Office is responsible for the delivery of SBA's programs and services throughout the Palmetto State. The District Office also partners with state economic development organizations to provide South Carolina small businesses with assistance and further business opportunities through events, presentations and educational materials.