The Small Business Association, the Tri-City Chambers, and the Rochester Office of Economic Development are presenting a Financial Strength Funding Event on Tuesday, April 2nd from 9 am-12 pm, to meet with Community-Focused Lenders serving the Tri-City area all in one spot who fund small businesses and entrepreneurs of all sizes.
-Explore sources for funding your #small biz
-Connect with lenders who support small-dollar loan requests
-Match your needs with the right lender and learn the best first steps to obtain funding
-Build relationships with local business resources that offer assistance at no cost
-Meet onsite with a business advisor for a mini 1-on-1 session (limited availability)
Location: James Foley Memorial Community Center, 150 Wakefield St, Rochester, NH
SBA has revamped its traditional loan programs by modernizing and expanding its lending programs, creating new opportunities and advancing equity for rural, veteran, women, and minority-owned businesses. With a focus on reducing barriers, SBA is committed to helping entrepreneurs with access to capital, mentorship, and business opportunities while supporting people particularly those owned by individuals in underserved communities.
These new changes are an important step toward ensuring that more small business owners have the opportunity to grow and succeed.
“It is essential that all entrepreneurs have access to capital and resources to create a business or grow a business, said Amy Bassett, SBA NH district director. “Small businesses are key to vibrant local economies and SBA is focused on engaging with partners and lenders to create greater awareness of the Agency’s capital programs to ensure they can help deliver the streamlined SBA programs that help small businesses thrive.”
About the SBA 7(a) and 504 loan programs. The 7(a) Loan Program provides flexible financing options for a variety of business purposes, including capital and equipment purchases. The 504 Loan Program allows small businesses to finance fixed assets such as real estate, in addition to equipment. Both programs are designed to meet the needs of small business owners with low-cost and long-term capital. In Fiscal Year 2022, the two programs provided a combined $35 billion in capital to 57,000 American small businesses.
For additional information, please contact the local SBA office at 603-225-1400 or [email protected]. Check out our website for more information www.sba.gov/nh
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