SBA To Hold Access To Capital Workshop For Middlesex County Business Owners

PISCATAWAY–On Thursday, March 28, the U.S. Small Business Administration New Jersey district office teams up with the newly opened New Jersey Small Business Center at Rutgers-New Brunswick to match SBA lenders with small business owners from Middlesex County small and surrounding areas, who are seeking to finance their business expansions or start-up ventures through an SBA-backed loan.

The free Access to Capital Workshop will be held at the Rutgers-New Brunswick Small Business Development Center located at 100 Joyce Kilmer Avenue-Livingston Campus in Piscataway from 10 a.m. – noon and is intended to match SBA lenders with qualified small business owners in need of capital ranging from $5,000 to $5 million.

“The primary focus of this event is to match lenders with potential borrowers in need of capital to fund their business expansions or start-up situations,” said SBA’s New Jersey District Director, Al Titone. “This concept allows small business owners to have confirmed appointments to meet with SBA lenders and is a proven way to increase small businesses access to loans.”

According to Titone, during the first five months of fiscal year 2013, the SBA has approved 43 loans for $25.3 million to Middlesex County small business owners. Statewide the SBA has approved 431 loans for $254.2 million during the same period.. There will be representatives from a variety of lending institutions including, TD Bank, Magyar Bank, Two River Bank, Regional Business Assistance Corporation, and UCEDC.

Interested small business owners and entrepreneurs are encouraged to bring several copies of their business plan to share with representatives from each lending institution who will be participating in Access to Capital.

For additional information and to RSVP for this event, call the New Jersey Small Business Development Center at Rutgers New Brunswick at 1-848-445-8790

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