With the current tightening of lending requirements, small business owners are finding it more and more difficult to get financing they need to expand or get started. To help navigate this current credit and economic crisis, the Valley Economic Development Center (VEDC) will host its fourth annual, Where’s the Money? Access to Capital Event Saturday, June 7, 2008 from 8 a.m. to 3 p.m. at The Sheraton Los Angeles Downtown, 711 Hope Street, Los Angeles.
‘Where’s the Money?’ is a comprehensive access to capital event ideal for business owners looking for money for expansion, working capital, inventory and equipment purchase. This year’s event will feature a loan pavilion where business owners can meet one-on-one with expert loan consultants. Workshops will also be featured that will help business owners find ways of navigating their way through the current credit crisis and get the financing they need.
VEDC has long been a source for business owners who cannot obtain financing through a traditional financial institution. With programs such as the SBA Microloan and their own Revolving Loan Fund, VEDC is able to find solutions for these business owners even during this difficult time.