Burlington County Freeholder Felicia Hopson announced that small business owners who are looking to expand their business, or those dreaming of starting a business, are invited to attend a free Small Business Lenders Forum on Thursday, March 28 from 9-11 AM at the Burlington County Library Auditorium in Westampton.
The Burlington County Board of Chosen Freeholders and Burlington County Bridge Commission are sponsoring this event. At least 10 local bank representatives will be in attendance. After the program, business owners will have the opportunity to network and ask questions at the individual lenders’ stations in the lobby.
“In the final three months of 2018, 26 loans equaling more than $30 million dollars were awarded to Burlington County businesses,” said Freeholder Felicia Hopson, liaison to Economic Development. “Burlington County businesses received more loans during that time than in the other six South Jersey counties combined,” she added, citing information from The Small Business Administration’s District Office in Newark.
Those statistics represent SBA-guaranteed funds approved through their 7a, Community Advantage and 504 Small Business Loan Programs. Those commercial loans are financed by local banks and repayment ensured by the SBA.
The small Business Lenders Forum will offer representatives of local banks a few minutes each to speak about the specifics of their commercial lending programs. There will be no entrance fee but registration is required at https://www.bcls.lib.nj.us/calendar/burlco-small-business-forum.
The Burlington County Library is located at 5 Pioneer Blvd. in Westampton.
For more information, visit the Facebook event page at: https://www.facebook.com/events/831672540506804/.