Small Business Lending Panel & Networking Session

February 4, 2020

 

The Pace University Small Business Development Center (SBDC) recently co-hosted a Small Business Lending Panel & Networking Session with the New York District Office of the Small Business Administration (SBA). Held here at Pace University’s downtown campus, the event provided small business owners and aspiring entrepreneurs with practical strategies for financing their business venture.

 

Pace SBDC Director Andrew Flamm provided an overview of the SBDCs services and key financing resources. Neil Braun, Dean of Pace University’s Lubin School of Business, also addressed the attendees, highlighting the focus on entrepreneurship in Pace’s programming, both in our curriculum as well as through helping students build and grow new business ventures.

 

 

The session was highlighted by two panels of small business lenders, one comprised of traditional banks and the other of community-based and alternative lenders. The panels were moderated by Beth Goldberg, District Director of the SBA’s New York District Office, and included representatives and loan specialists from six banks (Santander BankJP Morgan ChaseDime Community BankWebster Bank,  Flushing Bank and Wells Fargo), five alternative lenders (Trufund Financial ServicesBusiness Center for New AmericansExcelsior Growth FundAccion, and Renaissance EDC) and the SBA.

 

The panelists provided insight into what they look for when evaluating a loan application, their typical loan terms, and the documents needed to apply. Before and after the panels 15 participating lenders met one-on-one with small business owners to assess the source of capital that was best suited for their respective needs.

 

 

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IN PARTNERSHIP WITH:
VISIT US

Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

SUBWAY

A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge

CAREERS

Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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