April 24th - SBA and Detroit Economic Growth Corporation Conduct Financing Roundtable with Area Bankers

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NEWS release

PRESS OFFICE

Release Date:

 April 10, 2013

Contact:

Catherine Gase 313.226.6075 x.223

 

Release Number:

2537

Internet Address:

http://www.sba.gov/mi

SBA and the Detroit Economic Development Corporation Conduct a Financing Roundtable with Area Lenders

Free SBA Roundtable on Small Business Lending

DETROIT - The U.S. Small Business Administration and the Detroit Economic Growth Corporation are pleased to offer a free TEAM SBA Roundtable on Small Business Lending at Cadillac Place, Michigan Economic Development Corporation, 3022 W. Grand Blvd., Suite L -450, Detroit, MI  48202 on April 24, 2013 from 9:00 a.m. to Noon.

The roundtable gives current or prospective small business owners insight into the SBA Guaranty Loan Program and the criteria used by loan officers to evaluate a loan request.  A team of experts will demystify the lending process, debunk the myths about SBA programs, and share real life examples of successful loan applicants.  The roundtable is taught by experienced lenders with expertise in small business and SBA financing.   

“What’s unique about the roundtable is the access to the SBA and small business lenders,” said Gerald Moore, SBA Michigan District Director.  “Every roundtable is different and each is tailored to the needs of the participants.  It’s a very interactive process and one of our top rated training events.” 

"The DEGC is pleased to present this type of training in collaboration with the SBA," said Kenyetta Hairston Bridges, Business Rentention Manager for the DEGC.  "Detroit-based businesses need to know how to navigate the financial world in order to access the right capital to grow their businesses."   

Seating is limited and pre-registration is required.  Please email maggie.halley@sba.gov or phone 313.226.6075 x.289

Please note: SBA does not provide loan guarantees to real estate investment companies and this topic will not be part of the discussion.

Fuutre roundtables are planned for June and beyond. Visit www.sba.gov/mi and refer to the events calendar for more events.

Parking:  $5.00 to $10.00 in surface lots and garages                         

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