Charleston West Virginia Economic Development

Discussions on Economic and Community Development in West Virginia and the Charleston MSA as well as issues of the Charleston Regional Chamber of Commerce.

Thursday, May 17, 2007

SBA Featuring Access To Capital Segment At Teaming To Win Conference
“Loan Blitz” Provides Small Businesses Direct Contact With Financing Resources

CLARKSBURG, W.Va. – Are you a small business owner looking for funding to diversify or expand a business, renovate an existing facility, purchase a business or property, or just looking for funding for a small business start-up? The U.S. Small Business Administration is bringing an Access To Capital “Loan Blitz” program to the 2007 Teaming To Win Conference event on Wednesday, May 30, 2007 from 9:00 a.m. to 12:00 noon. The event is being held in Conference Room 5 at the Oglebay Resort in Wheeling, W.V.

Extensive small business resources will be available during the conference to meet exclusively with small business owners for individualized 30 minute consulting sessions. Open to existing, expanding or start-up businesses, this unique FREE business program will provide access to top small business lenders, consultants, specialists, and experienced credit counselors. Industry professionals will be available to discuss various SBA loan programs including SBAExpress, Community Express, 7(a) and 504 Fixed-Asset Loan and provide financial guidance whether your business is looking for $5,000 to start or $2 million to expand.

Depending on the type of financing, it may be possible for businesses to complete the loan application process during their 30-minute session. For loans under $25,000, the SBA Community Express program offers a streamlined application with no requirement for collateral, financials or business plans. With the necessary good credit rating, borrowers can complete an application and receive instant approval with funding within two weeks. Businesses wanting to apply will need to provide: current personal identification (driver’s license), business license, business banking account, and have a current credit report with scores for all applicants. Credit reports may be obtained during the event for a nominal fee.

Space and times are limited. Appointments are 30-minutes in length, on a first-come, first served basis, and must be scheduled prior to the event. Registration deadline is Friday, May 25, 2007. To participate and for additional information, contact the SBA’s West Virginia District Office at 1-800-767-8052 extension 8 or via email at wvinfo@sba.gov. Information is also available by selecting the SBA Loan Blitz feature under the Spotlight section at www.sba.gov/wv or on the Teaming To Win web site at www.teamingtowin.org.

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