Workshop planned on how to start or expand a small business

2013-07-22T09:44:00Z 2013-07-22T17:12:04Z Workshop planned on how to start or expand a small businessJoseph S. Pete, (219) 933-3316

Small business owners and aspiring entrepreneurs can meet with lenders and learn how to get financing at an upcoming workshop in Gary.

The U.S. Small Business Administration, the Small Business Development Center, the Regional Development Co. and Peoples Bank plan to host an SBA Day with the Bank workshop in Gary on July 30.

The event will take place between 5:30 and 8 p.m. at the Embassies of Christ, 4835 Cleveland St.

Small business owners and people who want financing to start a business can meet with bankers to talk about their needs.

Registration starts at 5:30 p.m. The program begins at 6 p.m., and presenters and lenders will be able to meet one-on-one with small business owners to answer questions.

Presenters will tell small business owners how they can plan for growth or a new start-up venture. They'll go over SBA guaranteed loans, loans that can help business owners buy buildings for as little as 10 percent down, and loans that can help them refinance existing business assets.

Small business owners or those thinking about going into business for themselves will get the opportunity to receive personalized attention from the SBA, its partner agencies and Peoples Bank on how to finance a new or existing business. The federal agency will review what documents are needed for a guarantee loan and how to prepare one in order to meet with a lender.

A Small Business Development Center official will talk about other steps needed to start a business, and a Regional Development Co. representative will discuss financing through the 504 Loan Program to buy a building or heavy machinery.

The workshop is free. To register, call Nancy Schneider at (219) 853-7538 by July 29.



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