Prepare to Meet with Business Lenders

03.mtg-bizgrid-buzzBeginning October 1, the SBA will host another round of “Getting to Yes! Removing Barriers to Small Business Lending,” an eight-week, fast-track program designed to help you complete your loan package and prepare you to meet with lenders to apply for financing. Spaces are being held for NEIdeas applicants.

 

 

 

To participate in the program, your business must:

  • Be located in Detroit, Hamtramck, Highland Park or Pontiac
  • Need financing to support growth
  • Have two years of profitable business operations
  • Agree and commit to completing each phase of the program
  • Apply and be selected to participate

The program has successfully connected small business owners to lenders. As a result, business owners have received or expanded lines of credit as well as been approved for small business loans.

“’Getting to Yes!’ gave me access to 13 lenders in one day. That’s something I would not have had on my own.” said Domenic Maiuri, CFO, Nora Contracting.

To apply, go to http://www.sbdcmichigan.org/2015/08/06/getting-to-yes/ , complete the Client Profile and mail it by September 22 to:

Michigan Small Business Development Center

163 Madison

Detroit, MI 48226

Attention: Getting to Yes

You may also email it to Catherine.gase@sba.gov.

For more information, contact Catherine Gase, SBA Lead Economic Development Specialist at (313)324-3609 or catherine.gase@sba.gov.