Financing a Small Business 101 - Evansville

Description

Wondering how to fund your business? Whether you’re launching a startup or growing an existing venture, understanding your financing options is key to building a strong foundation.

In this one-hour session, our team of experts will walk you through the most common funding sources available to small businesses, including traditional lending, SBA-backed loans, and community-based financing programs. You’ll leave with a clearer picture of what options may fit your business and where to start.

Agenda:

• Welcome & Introduction
• Commercial Lending & SBA Guarantees
  • Common bank products: term loans, lines of credit, and how they work
  • SBA programs (7(a), 504, Microloans): how guarantees work, key differences, eligibility & fit
• Community Development Financial Institutions (CDFIs)
  • What CDFIs are, their mission, products offered, and how to connect with them
• Community Revolving Loan Funds (CRLFs)
  • Local, community-based loan fund options
• Q&A / Next Steps

Presenters:

• Matt Whetstone, Senior Vice President and Senior Loan Officer, First Bank
• Dominic Poggi, Regional Director, Southwest Indiana SBDC

After completing the workshop, you are invited to sign up for a 1:1, no-cost counseling session with a Southwest Indiana SBDC Business Advisor to discuss your own lending needs.

This event is being held in-person on the 4th floor at Innovation Pointe which is located at 318 Main St. Evansville, IN 47708. Street parking is free for 2 hours. You can also park at the Locust Street Parking Garage located at 416 Locust St, Evansville, IN 47708.

Sponsor:

This class is sponsored by First Bank.

REGISTER HERE

Funded in part through a cooperative agreement with the US Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.