TEAM SBA presents, The Truth About Loans

Financing Roundtable

August 23, 2009
By: MyBayCity Staff

University Center, MI - September 9, 2009 - The Small Business Administration and the Michigan Small Business & Technology Development Center are pleased to offer a free TEAM SBA presents, The Truth About Loans - Financing Roundtable at Delta College, University Center, Michigan from 9:30 a.m. to 12:30 p.m. September 9, 2009.

Before you apply for a business loan, we recommend that you first attend a Financing Roundtable. The roundtables are a free loan orientation session conducted by a business banker, a business consultant from the SBA's network of Small Business & Technology Development Centers, and an SBA representative.

During the roundtable, TEAM SBA will: debunk the myths and demystify the process of small business financing; explain how the lending process works and what is expected of you; and show how the SBA can assist local lenders with its SBA Guaranteed Loan Program.

This session is best suited to those serious about seeking financing for their business, have good credit, a solid business idea, and some money to invest in their business. Because the SBA does not provide loan guarantees to real estate investment firms, including purchasing and rehabbing houses for sale, this type of financing is not discussed at the roundtable.

For more information about MI-SBTDC, resources, other seminars, or to register for this free seminar online, go to MISBTDC Website or call (989) 686-9597. Pre-registration is required.

Seminar sponsors are Delta College, Small Business Administration, and the Michigan Small Business & Technology Development Center.

The MI-SBTDC is a partner program of the U.S. Small Business Administration and provides confidential, no-cost business counseling services, training and research for Michigan's new business ventures, existing small businesses, expanding businesses, new technology companies, and innovators.

Funded in part through a cooperative agreement with the U.S. Small Business Administration and the Michigan Economic Development Corporation and is not an endorsement of any products, opinions, or services. All SBA funded programs or co-sponsored programs are extended to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made, if requested at least two weeks in advance by calling (989) 686-9597.