City of Beardstown issued the following announcement on Feb. 5.
Register to receive meeting information at https://web.extension.illinois.edu/registration/...
Finding it difficult to obtain the business capital you need? Financing a business is not always easy and due to the restrictions on businesses during the pandemic, many business owners have seen their sales and profits decline. Sometimes this means that traditional bank lenders are unwilling to extend credit while businesses are seeing their cashflows shrink. In addition, many start-ups lack the capital and credit criteria to initially borrow from traditional sources.
In this workshop, participants will learn about the pros and cons of a variety of both traditional and non-traditional business financing options including some examples of how communities can get involved.
“Finding creative ways to finance businesses has been my focus for several decades as both a commercial lender and an SBDC Director,” says Pam Schallhorn, regional Extension specialist and program presenter. “With many businesses shuttered and others struggling through the pandemic, understanding how to find capital becomes even more crucial.”
This webinar will be recorded, and the link provided to all who register.
Original source can be found here.
Source: City of Beardstown
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