Financing Options and Access to Capital

Understanding financing options and accessing capital is essential for business owners to ensure survival, fuel growth, and manage cash flow effectively. Knowing available funding—from loans to equity—allows owners to seize opportunities (like expanding or purchasing inventory), navigate economic downturns, and maintain operational resilience. Join us to learn about financing options you have and how you can access working capital.

Topics Discussed:

• SBA Loans vs. Conventional Loans: Understanding the eligibility, benefits, and application processes for SBA 7(a), 504, and microloans.
• Securing a Line of Credit: How to get a revolving line of credit before a crisis hits, allowing for flexibility in cash flow.
• Equipment Financing: Using secured loans to purchase machinery while preserving cash flow.
• Invoice Financing (Factoring): How to turn outstanding invoices into immediate cash when waiting 30–90 days for client payment.
• Alternative Lending: Pros and cons of fintech, online lenders, and crowdfunding platforms.

Presented by: Laura Estrada, LiftFund

Co-hosted with the Klegerg County Economic Development & Training Center