Please join us for the Small Business Education Series co-sponsored by the United States Small Business Administration (SBA) and Lafayette Federal Credit Union.
Topic: Non-Traditional Funding
Large financial institutions are not your only option to fund your business. Come join us to learn the Alternative Lending options available for your business in Northern Virginia!
The Alternative Lending event will focus on lending sources outside of the current banking environment. The topics will cover crowd funding, reverse loan auctions, and innovative SBA programs. The panelists will answer a few questions posed by the moderator, and the remainder of the time will be open to the audience questions.
Current Panelists committed:
- Mark Rockefeller - CEO Street Shares or David Bann - VP Sales & Business Development for Street Shares. Mark is an alternative- and social-finance expert, previously with the global financial services law firm Milbank, Tweed, Hadley & McCloy LLP. Prior to Milbank, he was a microfinance and social-entrepreneurship advisor in Africa and a researcher at Columbia University in New York. He began his career in military service and is a veteran of the Iraq war. He holds a bachelor's degree in finance and advanced degrees in business and law.
- Janis Ackerman - Financial Analyst SBA Microenterprise Lending Branch
- TBA - Crowd Funding expert
The SBA is committed to expanding access to capital for small businesses and entrepreneurs in underserved communities so that we can help drive economic growth and job creation. In line with that, SBA is rolled out two new initiatives on February 15, 2011 aimed at increasing the number of loans in these communities -- Community Advantage and Small Loan Advantage.
SBA and U.S. Department of Commerce studies have shown the importance of lower dollar loans to small business formation and growth in underserved communities. With that in mind, and building on the agency’s successful “Advantage” platform, both offer a streamlined application process for SBA 7(a) loans up to $250,000 for Community Advantage and $350,000 for Small Loan Advantage.
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Cosponsorship Authorization 14-0353-88. SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.
