SBA 504 Loan: What Companies Need to Know Webinar

Description

The Illinois Small Business Development Center at Bradley University is collaborating with Illinois Business Financial Services (IBFS) to discuss the SBA 504 Loan Program and how small businesses can take advantage. IBFS operates as a licensed Community Development Company (CDC) working with small businesses throughout the state of Illinois looking to expand and grow their existing businesses. IBFS has been packaging and preparing loan requests for the Small Business Administration (SBA) for over 40 years since establishing our headquarters in Peoria, beginning operations in 1981. Since that time, IBFS has helped hundreds of small businesses realize their dreams of taking their businesses to the next level through expansion or construction of new and existing real estate and/or large pieces of equipment. Who should attend: ? Small businesses interested in alternative commercial loan options. ? Commercial lenders are welcome to attend. Advantages of an SBA 504 Loan: ? Low/fixed interest rate ? Reduced down payment How can your business use an SBA 504 Loan? ? Expanding/growing your business ? Innovation ? Equipment purchases Please join us in finding out how your business would qualify. Our Speaker: Kyle King is a Business Development Lead with Illinois Business Financial Services. He has worked in the commercial banking industry for over 12 years helping companies realize their growth potential. Kyle was born and raised in East Peoria, IL before venturing off to the University of Illinois where he majored in Finance and Business Administration. He promptly moved back to the Peoria area after college where he has been highly involved with community activities throughout the greater Central Illinois region. Kyle has a wealth of knowledge about applying for and obtaining conventional and federal funding for commercial loan opportunities.