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Webinar announced to explore alternative funding for local businesses

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Webinar announced to explore alternative funding for local businesses
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USU Small Business Development Center Director Meghan McFall is promoting a webinar focused on alternative funding sources for business owners facing difficulties with traditional lenders. The event will cover the South East Utah Association of Local Governments Revolving Loan Fund.

Key takeaways

  • Meghan McFall is promoting a SEUALG webinar regarding alternative funding sources.
  • The Revolving Loan Fund supports businesses in Carbon, Emery, Grand, and San Juan Counties.
  • Funding options include land, buildings, equipment, and working capital.
  • The webinar targets business owners unable to secure traditional bank financing.

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

The SEUALG Revolving Loan Fund (RLF) serves as a resource for both start-ups and existing businesses. According to McFall, the webinar is intended to help applicants navigate the path toward a successful application.

McFall stated that the webinar is ideal for businesses seeking funding for land, buildings, construction, renovation, machinery, equipment, leasehold improvements, and working capital for expenses such as inventory, operating costs, and employee payroll.

The Revolving Loan Fund Program is a lending program specifically designed for businesses located in Carbon, Emery, Grand, and San Juan Counties.

Interested individuals can contact Meghan McFall at (435) 678-8102 or via email at meghan.mcfall@usu.edu for more information.

Article details

CategoryNews
CitySan Juan County
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SourceAI Generated