Funding a Small Business Class in Tifton Wednesday

TIFTON, Ga. – UGA Small Business Development Center is giving a class in Tifton Wednesday called Unlocking Capital: An Owner’s Guide to Funding a Small Business. This course is designed specifically for small business owners and entrepreneurs seeking to understand and access various funding options.

The course will discuss the ins and outs of the different types of capital, including SBA-guaranteed loans, traditional bank loans, non-traditional funding sources, equity, and little-known specialty lending programs, and weigh the pros and cons of each. It will also highlight the financial management strategies that help owners think like a lender and ensure their business is lender-ready.

Attendees will learn how to:

• Evaluate the various types of financing available for small businesses
• Determine the advantages and disadvantages of the different forms of capital as it relates to your business
• Implement financial management best practices
• Create the BIG three financial statements and analyze them from a lender’s perspective
• Become familiar with Georgia’s State Small Business Credit Initiative lending programs