Event: SBN Networking Event-Connect to Local Capital - Generocity Philly

Jul. 14, 2014 11:36 am

Event: SBN Networking Event–Connect to Local Capital

Join the Sustainable Business Network for its networking event, Connect to Local Capital, to chat with representatives from local financial institutions to learn more about funding possibilities for your business. At the event, on Wednesday, July 16 at CityCoHo, participants will be able to learn how to can gain access to locally-owned and managed banks, lending […]

SBN_LogoJoin the Sustainable Business Network for its networking event, Connect to Local Capital, to chat with representatives from local financial institutions to learn more about funding possibilities for your business.

At the event, on Wednesday, July 16 at CityCoHo, participants will be able to learn how to can gain access to locally-owned and managed banks, lending institutions and venture capital firms as well as discuss their own business issues. Participants will also get insight into how lending organizations and banks evaluate loan applications and what type of funding they can provide.

SBN member and financial adviser Harvey Sacks will be at the event to answer questions. SBN members can also schedule a complimentary financial planning session with Sacks for free.

In addition, the following financial representatives will be in attendance (descriptions via the Connect to Local Capital event page) :

  • Women’s Opportunities Resource Center provides loans ranging from $5,000 – 35,000 to business owners, and entrepreneurs who are struggling due to financial issues.
  • Finanta, who offers four types of business loan products: microloans up to $50,000 for existing businesses and $15,000 for start-ups, small business loans ranging from $50,000-$100,000, lines up credit up to $100,000, and American Street Loans for $250,000 and above.
  • Merchants Fund provides loan matching grants for up to $20,000 to established businesses and stablilization grants up to $10,000 to help small businesses remain stable and viable in the face of economic challenges.
  • United Bank of Philadelphia offers commercial term and construction loans, and commercial mortgages in the Greater Philadelphia Region, with a special sensitivity to Blacks, Hispanics, Asians and women.
  • Untours Foundation works to alleviate poverty by providing low-interest loans and equity to individuals and organizations who create employment, housing and valuable goods and services in economically challenged communities.
  • Ben Franklin Technology Partners makes direct investments in promising, technology-oriented companies throughout the Commonwealth to fund critical commercialization activities and growth needs.
  • The Enterprise Center provides business technical assistance and helps small businesses with poor credit history or lack of collateral obtain loans from $2,500 to $50,000 for start-up capital and business growth. TEC is a CDFI and SBA Microloan Intermediary with a focus on minority and woman owned businesses.
  • Entrepreneur Works dispenses a variety of loan products to entrepreneurs for start-up purposes and to meet the financing needs of existing businesses.

Food will be provided by Streetside BBQ.

From our Partners

When: Wednesday, July 16, 6:00 PM — 8:00 PM
Where: CityCoHo, 2401 Walnut Street, Philadelphia, PA 19103
Cost: SBN Members–Free, Nonmembers–$20, Students–$5
Tickets: http://sbnphilly.ticketleap.com/sbn-networking-event-meet-the-funders/details

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