Seminar focuses on how to secure funding for small business

LAURINBURG — Small Business Administration Senior Area Manager Don Spry will provide tips on how to successfully obtain a small business loan during a lunchtime seminar being held from 11:45 a.m. to 1 p.m. Tuesday, Feb. 17, at the Laurinburg/Scotland County Chamber of Commerce.

The event, which is free to attend, is sponsored by the Small Business Center of Richmond Community College in partnership with the Laurinburg/Scotland County Chamber.

Don Spry

Don Spry

Discussion points include personal and professional credit; the business plan process; managing cash flow; business accounting; collateral requirements; the commercial credit loan process; and a discussion of small business lending programs available with the U.S. Small Business Administration.

Many deals for small business lending is not done through a bank. A key topic on “alternative lenders and brokers” provides information on gaining access to capital when your bank will not agree to finance your business venture.

Spry has served as a Senior Area Manager with the U.S. Small Business Administration since 2008. He provides support to over 30 counties located in Eastern North Carolina, representing more than 150,000 small businesses.

His primary focus is in providing professional technical assistance through highly leveraged professional relationships for small businesses seeking alternative access to capital, SBA federal government contracting program opportunities, and strategic training and consulting on business planning small business marketing, return on investments, business development, and effective sales strategies.

The seminar will be held at the Laurinburg/Scotland County Chamber of Commerce office, which is located at 606 Atkinson St. in Laurinburg.

Pre-registration for the seminar may be completed online at tiny.cc/sbcseminars; or via email or phone by contacting Small Business Center Director Deborah Hardison at ddhardisond@richmondcc.edu or 910-410.1687. Pre-registration preferred but walk-ins are welcome.

 

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