UHV SBDC workshop to explain small business financing options
Small business owners who want to learn more about loan programs and alternative financing methods can attend a free workshop Aug. 25 at the University of Houston-Victoria.
The UHV Small Business Development Center will present SBA Alternative Financing for Small Business from 1:30 to 3 p.m. in UHV University North Room 110A, 3007 N. Ben Wilson St.
Annie Hudspeth, lender relations specialist for the U.S. Small Business Administration’s San Antonio District Office, and Laura Estrada, LiftFund market manager for the Corpus Christi area, will lead the workshop.
Hudspeth and her SBA colleagues work with a variety of traditional, alternative and microlenders in the area. They help small businesses finance their innovative ideas. Estrada is a small business financing professional specializing in microfinance. LiftFund assists by providing technical business training and loans ranging from $500 to $250,000.
“Small business leaders may be familiar with the traditional way of financing, but not every venture is a good fit,” UHV SBDC Director Joe Humphreys said. “That’s why it’s worth the time to learn about other ways to approach financing. The more options business owners know about, the easier it will be to make a decision that is the most beneficial to the company.”
The workshop will be interactive and include a question-and-answer session. Business owners and managers will leave armed with the knowledge, tools and support to get their businesses financed, Humphreys said.
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.
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 an instructional site 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.