Small Business Development Center Workshop

Lack of capital is the number one reason why businesses fail. This workshop focuses on accessing capital from a lender’s perspective. Mike Chung of the Small Business Development Center at the University of North Florida, an SBA resource provider, demystifies what it takes to get an SBA loan.

Attendees will learn various ways to finance their business, the types of SBA loans available, eligibility criteria, the six C’s, SBA guarantees, debt service coverage and risk management factors that influence a bank’s decision. The session will also cover best practices and essential steps to secure financing.

Whether your business is a startup or existing, this information can improve the likelihood that your banker says, “Approved!”