CEDC Hosts Lunch and Loans for Local Small Businesses
Coos Economic Development Corporation recently hosted a highly informative session titled "Lunch & Loans: How to Find The Best Loan For Your Small Business." The event took place on September 12th at the Lancaster Town Hall Auditorium and attracted a strong turnout of local business owners. This event provided valuable insights for local entrepreneurs seeking funding for their ventures. The hour long session was created as a collaboration and aimed at helping business owners gain a better understanding of the loan application process as well as provide guidance towards successful preparation to increase the odds of receiving safe and successful financing.
The event was also attended by representatives of Small Business Development Center and NH Bureau of Economic Affairs. Lunch was catered by local favorite, Copper Pig Brewery.
Understanding Loan Options:
Attendees explored a variety of loan options available to small businesses, including traditional bank loans, SBA loans, and alternative financing.
Maximizing Your Chances of Approval:
Our experts shared valuable tips on preparing a strong loan application, improving your credit score, and creating a compelling business plan.
Networking Opportunity:
The event provided a fantastic platform for local entrepreneurs to connect, exchange ideas, and build relationships.
Lori Cote joined us from Service Credit Union. She helped inform attendees about the steps needed to prepare for a loan application.
Amy Basset and Tuesday Perkins also presented on behalf of NH Small Business Administration, providing information on the importance of working with a trusted lender.
We are grateful for the enthusiastic participation and support from the local business community. Coos Economic Development Corporation remains committed to providing resources and opportunities to help small businesses thrive in the region. If you missed this event it was recorded and will be available on demand on our YouTube Channel.
Supported in part by Northern Border Regional Commision