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UHV SBDC to host workshop focused on improving credit

In today’s world, good credit is a valuable resource, and area entrepreneurs will have the opportunity to learn how to make sure their credit is strong.

Joe Humphreys

The University of Houston-Victoria Small Business Development Center will host the SBA Building a Better Credit Portfolio from 1:30 to 3 p.m. on June 16. The free workshop will be held in Room 110A of UHV University North, 3007 N. Ben Wilson St.

“Small business owners have a lot to gain by building a strong credit portfolio,” UHV SBDC Director Joe Humphreys said. “Individuals often are told they need to keep a good credit score and check their credit reports, but not everyone knows that it’s just as important for businesses to do the same.”

Annie Hudspeth, a lender relations specialist with the San Antonio Small Business Administration District Office, will present the discussion.

Farhang Niroomand

The workshop will explore how to determine and improve credit ratings. Hudspeth also will give useful tools for entrepreneurs seeking loans and look into how lenders use credit reports and scores. Other areas covered will include what credit reports and credit scores are, how to obtain credit reports and how credit histories affect consumers.

“Good credit is a sign to others that a business can be trusted in matters of finances,” said Farhang Niroomand, dean of the UHV School of Business Administration. “This workshop will help area entrepreneurs take steps to make sure they can present themselves and their businesses as stable and responsible.”

The UHV SBDC offers assistance on starting, growing and financing a business; contracting opportunities; and recovering from disaster. Most of its services are free to area small business owners in Aransas, Bee, Calhoun, DeWitt, Gonzales, Goliad, Jackson, Karnes, Lavaca, Refugio and Victoria counties. It is part of a nationwide small business assistance program serving the small business community and federal, state and local governments.

To register for the workshop, call 361-485-4485 or email sbdc@uhv.edu.

The University of Houston-Victoria, located in the heart of the Coastal Bend region since 1973, offers courses leading to 70 bachelor’s, master’s and specialist degree programs and concentrations in the schools of Arts & Sciences; Business Administration; and Education, Health Professions & Human Development. UHV provides face-to-face classes at its Victoria campus, as well as a teaching center in Katy, and online classes that students can take from anywhere. UHV supports the American Association of State Colleges and Universities Opportunities for All initiative to increase awareness about state colleges and universities, and the important role they have in providing a high-quality and accessible education to an increasingly diverse student population, as well as contributing to regional and state economic development.