Two March workshops address financing alternatives for small businesses

White River Junction meeting Thursday, March 5

Two upcoming workshops will address small business financing under various topics and forms. The first one will be held from 8:30 to 10 a.m. on Thursday, March 5, in White River Junction.

Representatives from the private and government sector will explain the range of financing available to small business owners at Resource Systems Group, 55 Railroad Row in White River Junction. The meeting is free and open to the public, but registration is required.

Topics include guarantee loans, revolving loan funds, crowdfunding, microloans, traditional financing and more.

Representatives include the U.S. Small Business Administration, USDA Rural Development, Community Capital of Vermont, Vermont Community Loan Fund, Vermont Economic Development Authority and Green Mountain Economic Development Corp. Attendees can meet with a representative one-on-one following the meeting. To register, email bdube@gmedc.com or call 802-295-3710.

Chester workshop Friday, March 20

The second financing meeting will be held Friday, March 20 in Chester. Representatives from Peoples United Bank, Vermont Community Loan Fund, Vermont SBA, Vermont Economic Development Authority and Springfield Regional Development Corp. will participate in this three-hour workshop and panel discussion to help small businesses develop a better understanding of best practices and resources for financing a business in Vermont.

As part of the Economic Development Agency’s support for continued recovery from the 2011 flooding disasters, this workshop is offered jointly by the Springfield Regional Development Corp. and the Vermont Small Business Development Center. The workshop is free by registration and begins at 9 a.m. on Friday, March 20, at the NewsBank, 397 Main St., in Chester.

“To grow and thrive in today’s competitive economy, small businesses need to understand how to manage their money and develop solid financing relationships,” says Bob Flint, SRDC executive director.

Attendees can expect to learn how to address their financing needs by:

• understanding how to determine the mix of equity and capital that’s right for their situation
• learning about what sources of capital are available to them
• knowing how to put together a winning application to present to lenders

Small business owners, managers, and entrepreneurs can register online: CLICK HERE TO REGISTER

Or go to this address: https://vtsbdc.centerdynamics.com/workshop.aspx?ekey=30350007