Microloans & Alternative Lending Opportunities Webinar

This webinar will introduce you to alternative loan products and programs available to small businesses in New Jersey.

04 Jun
Price: $7.00
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Online Webinar via ZOOM

This webinar is about expanding lending options for small businesses. Finding the right sources for capital in the current economic situation had been a constant challenge, even for the most successful small business. Microloans & Other Alternative Lending Opportunities is a webinar that will inform business participants about legitimate, alternative ways to secure funding which include various types of microloans; community advantage loan; 7A and 504 loans. This webinar will introduce you to alternative loan products and programs available to small businesses in New Jersey. This seminar is presented by a Loan Specialist with hand on experience and expertise on alternative lending to small business and it's a great opportunity for business participants to ask questions to ease the pressure of being in an actual lending situation.

TOPICS to be covered:

  • What are alternative Lenders and How do they differ from conventional Banks?
  • What are the Alternative loan Products and programs in NJ: Community Advantage Program/7A/504 loan/Microloans
  • Application readiness: What are the various eligibility requirements and limits?
  • Credit/Collateral/Character/Capacity criteria in alternative lending situations
  • What is a Micro Loan? Who qualified for a micro-loan? Who can apply and what you need to apply for a micro-loan?
  • What happens if your business needs to borrow more money?

PRE-REGISTRATION IS REQUIRED

Register Today

Contact

If you have any further questions, please contact Rutgers Newark SBDC at (973) 353-5950 | rnsbdc@business.rutgers.edu