Owning a small business can be both rewarding and difficult, especially in times when you need to come up with extra money, whether it is for purchasing a piece of new equipment or buying real estate for expansion.

Oftentimes businesses do not have the necessary funding to make these purchases, and must look at getting a business loan.

But how do you go about doing this? Where do you even begin?

These are important questions and, fortunately, two local organizations dedicated to advancing business in the region are teaming up to provide the answers.

SCORE Michiana is partnering with Chemical Bank to present a workshop called, “Small Business Loans: The SBA Advantage.”

The free workshop is scheduled to take place from 9 a.m. to 10:30 a.m. Wednesday, Dec. 9, at the Niles District Library, 620 E. Main St., in Niles.

We encourage any small business owners who are thinking about getting a loan to attend.

Speakers include executives from Chemical Bank and knowledgeable business experts from the U.S. Small Business Administration (SBA) and SCORE Michiana.

Organizers say attendees will learn about the SBA and programs that are available for small business owners and people who want to start a business.

Attendees will also learn about the benefits of an SBA loan and why they might want to pursue one.

Speakers will also walk people through the steps needed to apply for a small business loan and what information people will need in order to apply.

Attendees will also learn about what assistance is available through SCORE Michiana.

It is great to see SCORE Michiana and Chemical Bank come together to help local businesses, especially with a task as important and daunting as going after a small business loan.

We hope many people will take advantage of this free workshop.

 

Opinions expressed are those of the editorial board consisting of Publisher Michael Caldwell and editors Ambrosia Neldon, Craig Haupert, Ted Yoakum and Scott Novak.