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Increased demand tightens loan market. Small Business Development Center Director Meghan McFall shares Webinar info on alternate sources of funding

Posted On
Apr 09, 2021
Category
Economic Development

USU Small Business Development Center director Meghan McFall is reaching out to any county business owners who may have had trouble securing financing from traditional lenders. McFall has announced that the South East Utah Association of Local Governments (SEUALG) has schedule a webinar to explore alternatives to traditional lending sources. 

 

SEUALG’s Revolving Loan Fund (RLF) has been a lifeline for start ups and existing businesses alike. McFall would like to remind people of the funds existence. The webinar will be invaluable for those interested and will help them negotiate the path to a successful application. 

 

McFall explains, “This webinar is ideal for a start-up business and existing business looking for funding to purchase land, buildings, pay for construction, renovation, machinery, equipment, leasehold improvement, and working capital for things like inventory, operating expenses, and even employee payroll.”

  

If you have been unable to receive financing from traditional lending institutions you may want to attend. The Revolving Loan Fund Program (RLF) is a lending program designed for businesses located in Carbon, Emery, Grand, and San Juan Counties. 

 

Contact Meghan McFall for more information at (435) 678-8102 or by email at [email protected] You can sign up for the webinar through the link provided below. 

 

Methods for Modern Finance: SEUALG Revolving Loan

Cost: Free

Instructor: Camille Otto

April 21, 2021

1 PM – 2 PM

Registration: https://www.eventbrite.com/e/137190306901