Credit Building & Loan Workshop
Credit Building & Loan Workshop
Discover valuable insights and strategies to enhance your small business’s financial resilience. Learn from JB Bennis, Deputy Director of Community Engagement and Outreach at the Washington State Department of Commerce, as he shares expert advice on qualifying for the Small Business Resiliency Loan.
Date: April 25, 2024
Time: 6:00 PM – 8:00 PM
Location: 5740 Martin Luther King Jr Way S, Seattle, WA 98118
Do not miss this opportunity to strengthen your business credit and secure your financial future!
On April 25th, 2024, CACCWA collaborated with the Fillipino Community of Seattle and the Washington State Department of Commerce Small Business Resiliency Network to host an informative workshop focused on credit building and the newly launched Small Business Resiliency Loan program. Held at the Filipino Community Center on Martin Luther King Junior Way South in Seattle, WA. The event featured a special guest, JB Bennis, Deputy Director of Community Engagement and Outreach at the Washington State Department of Commerce, who delivered an engaging presentation.
The workshop aims to educate small business owners on the benefits of the Small Business Resiliency Loan (SBRL) and strategies for building business credit. Attendees gained insights into the qualification criteria for the SBRL, steps to apply, and crucial requirements such as having a UBI and UEI. Additionally, participants learned about loan terms, including minimum and maximum amounts, interest rates, and the duration required for repayment to qualify for a grant.
The session sparked lively discussions, with attendees actively participating and asking insightful questions. The overwhelming interest from businesses underscored the significance of the SBRL program as a valuable opportunity for small businesses to enhance their financial resilience.
Stay tuned for updates on our future workshops tailored to support and empower small business owners in navigating challenges and seizing opportunities in today’s dynamic economic landscape.
