LOW-INTEREST LOANS FOR UNINSURED LOSSES FROM HURRICANE IRENE

HELP FROM SBA

HOMEOWNERS, RENTERS AND BUSINESSES, if you had losses due to Hurricane Irene in New York, you may qualify for help from the SBA……

WHO QUALIFIES?
· HOMEOWNERS, RENTERS, BUSINESSES and NON-PROFITS with physical damages from Hurricane Irene.
· SMALL BUSINESSES, and MOST PRIVATE, NON-PROFITS having difficulty meeting operating expenses, payroll, accounts payable and notes payable as a result of damage or losses caused by Hurricane Irene.

WHAT QUALIFIES?
· REAL ESTATE (homes and businesses)
· PERSONAL PROPERTY (personal belongings such as clothing, furniture & automobiles for homeowners and renters)
· BUSINESS INVENTORY, MACHINERY & EQUIPMENT
· WORK CAPITAL (small businesses and most private non-profit organizations)

WHAT ARE THE TERMS?
Interest rates on SBA loans are as low as 2.5% for Homeowners/Renters, 3% for Non-Profits and 4% for Businesses, up to 30 years
at the following limits:
· UP TO $200,000 FOR HOMES*
· UP TO $40,000 FOR PERSONAL PROPERTY*
· UP TO $2,000,000 FOR BUSINESSES AND NON-PROFITS*

*SBA loans are for uninsured losses. If you have insurance, you may still be eligible for losses not covered by your insurance. You do not have to wait for an insurance settlement before applying with SBA.

HOW TO APPLY:

REGISTER FOR HELP BY CALLING: 1-800-621-FEMA (3362) 

 

Call SBA Customer Service Center at 1-800-659-2955 for more information or to find the temporary FEMA/SBA Recovery Centers nearest you.

UN TALLER GRATIS PARA AQUELLOS QUE ESTAN INTERESADOS EN INICIAR UN PEQUENO NEGOCIO

SMALL BUSINESS OWNERS, MEET THE LENDERS

Meet the Lenders
Tuesday, September 28th, 9:00 a.m. to 2:00 p.m.

At the Brooklyn Meet the Lenders conference, existing and start-up businesses will learn about the Small Business Association's (SBA) loan programs and lenders in Brooklyn who have been approved by the SBA.

Participants in the panel discussion will include

• Brooklyn's SBA representatives,
• Service Corps of Retired Executives (SCORE),
• Brooklyn Small Business Development Center at City Tech,
• Women's Business Center at the Local Development Corporation of East New York, and
• Women's Business Center at the Business Outreach Center.

The panel will share information about SBA's loan programs and give an overview of the business services they offer for Brooklyn's entrepreneurs.

Pre-registration is required to meet with representatives of these types of Brooklyn lenders in order to explore funding or loan programs: commercial banks, community development corporations, New York Business Development Corporation, micro lenders, and community federal credit unions. To register, click here.

Conference location: Brooklyn Borough Hall, 209 Joralemon Street.

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.

The contact for the conference is Brooklyn SBDC at NYC College of Technology. E-mail address: SBDC@citytech.cuny.edu
Phone: (718) 797-0187

SUCCESSFUL WOMEN ENTREPRENEURS PANEL: FOR SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS

Wednesday, March 31, 6:00 p.m. to 8:00 p.m.

Free Workshop:
Successful Women Entrepreneurs Panel
for Small Business Owners and Aspiring Entrepreneurs

Celebrate Women’s History Month by networking with and hearing from a diverse group of women business owners and professionals who will discuss their extensive business experiences and life lessons.

Introduction: Pravina Raghavan, District Director, U.S. Small Business Administration

Moderator: Michele Smith, Associate at Exec|Comm Communications consultant and former entrepreneur

Panelists:

• Vera Moore, President & CEO of Vera Moore Cosmetics, will share her experience in getting this successful line distributed in Duane Reade stores.
• Veronica Rose, President, Aurora Electric, a veteran entrepreneur, will share her experiences about government contracting.
  
• Elisa Balabram, author of Ask Others, Trust Yourself: The Entrepreneurial Woman’s Key to Success, will talk about her book and about women asking for advice.
  

Opportunities for a Better Tomorrow
25 Thornton Street, Brooklyn
(between Flushing Avenue and Broadway)

G train to Flushing Avenue station
or
M/J trains to Broadway and Flushing Avenue station

Registration is required, as seating is limited.
Call (718) 797.0187 or e-mail .

The New York State Small Business Development Center (NYS/SBDC) program is a free program supported by the U.S. Small Business Administration (SBA). SBA’s funding is not an endorsement of any products, opinions, or services. All SBA funded programs are extended to the public on a nondiscriminatory basis.

New York State Small Business Development Center http://www.nyssbdc.org
U.S. Small Business Administration http://www.sba.gov

MEET THE LENDERS

Meet the Lenders

Inaugural Lender and Business Matchmaking Event
for Small Business Owners

Meet one-to-one
with loan officers from SBA-participating lenders
and learn how to apply for loans from
the New York City, New York State,
and federal governments.

Experts from 8(a) Division and SBA resource partners
--Small Business Development Centers, SCORE,
Women's Business Centers,
and local Chambers of Commerce--
will also attend.

Monday, February 8, 2010
10:00 a.m. to 2:00 p.m.

Welcome Remarks
10:00 a.m.— 10:10 a.m.
New York City Loan/Incentive Programs
10:10 a.m.— 10:20 a.m.
New York State Loan/Incentive Programs
10:20 a.m.— 10:30 a.m.
“SBA Financing Programs” and “How to Apply for a Loan”
10:30 a.m.— 10:50 a.m.
Meet the Lenders at Exhibit Tables
11:00 a.m.—2:00 p.m.

U.S. Small Business Administration
New York District Office
26 Federal Plaza
6th Floor Conference Center
(enter on Broadway)

INFORMATION/REGISTER:
Make your reservation by January 31st. Send an e-mail to Man-Li Lin at man-li.lin@sba.gov or call (212) 264-7060.
Reasonable arrangements for persons with disabilities will be made if requested at least two weeks in advance by sending an e-mail to man-li.lin@sba.gov.

Visit SBA online for 24/7 access to small business news, information, and training for entrepreneurs.

SBA MICROLOAN PROGRAM GROWS

An additional $50 million in loans and $24 million in technical assistance and counseling programs is available from the U.S. Small Business Administration's Microloan Program. Accion USA, Inc., located in Manhattan, has been approved by the SBA as a microlender.

A microlender can lend up to $35,000 to a small business owner to use for working capital and to acquire materials, supplies, furniture, fixtures, and equipment.

Details about the Microloan Program are on the SBA website.

SMALL BUSINESS ADMINISTRATION'S FREE PROGRAMS AND SERVICES

Free programs and services are offered to owners of small businesses through the U.S. Small Business Administration, including financial assistance, business education and training, federal government contracting assistance, counseling, advocacy, and disaster assistance. The New York District Office provides a calendar of events for small business owners in the New York District.

The New York District Office is located at 26 Federal Plaza, Room 3100, New York, NY 10278. Phone: (212) 264-4354. Fax: (212) 264-4963. TDD: (212) 264-9147. For information about free programs and services, call the Marketing Division at (212) 264-9487.Office hours: 8:30 a.m. to 5:00 p.m., Monday through Friday.

In the most recent issue of the District Office's newsletter, an article discusses the short-term, no-interest loans of up to $35,000 that are available to small business owners who are experiencing immediate financial hardship.

Get a free subscription to the District Office's newsletter by putting a check mark in the box next to INSIDE THE NEW YORK DISTRICT OFFICE (and any other newsletters you would like to subscribe to), typing your first name, last name, and e-mail address at the bottom of the page, and clicking Subscribe. An e-mail will be sent to you asking you to confirm your subscription. Click on the link in the e-mail within forty-eight hours. Another e-mail will then be sent to you that confirms your subscription.

Free online training courses are available.