Microloans & Alternative Lending Option Webinar

Thu 1:00 PM to 2:30 PM
Topic: Financing

This webinar is about expanding lending options for small businesses. Finding the right sources for capital in the current economic situation had been a constant challenge, even for the most successful small business. Microloans & Other Alternative Lending Opportunities is a webinar that will inform business participants about legitimate, alternative ways to secure funding which include various types of microloans; community advantage loan; 7A and 504 loans. This webinar will introduce you to alternative loan products and programs available to small businesses in New Jersey. This seminar is presented by a Loan Specialist with hand on experience and expertise on alternative lending to small business and it's a great opportunity for business participants to ask questions to ease the pressure of being in an actual lending situation. TOPICS to be covered: What are alternative Lenders and How do they differ from conventional Banks? What are the Alternative loan Products and programs in NJ: Community Advantage Program/7A/504 loan/Microloans Application readiness: What are the various eligibility requirements and limits? Credit/Collateral/Character/Capacity criteria in alternative lending situations What is a Micro Loan? Who qualified for a micro-loan? Who can apply and what you need to apply for a micro-loan What happens if your business needs to borrow more money?

Speaker(s): Lilibeth Herrera - RBAC

Fee: $ 7.00