Business loan clinic set for Nov. 5

CHARLESTON -– Small business owners, do you need financing but you are not sure where to look or how to approach a lender for a loan?

The U.S. Small Business Administration and Charleston SCORE Chapter 256 will be hosting a free, one-hour small business clinic called "Business Loans – No Hype, Just the Facts" on Thursday, Nov. 5.

The clinic will start at 5:30 p.m. in the 4th Floor Conference Room at 405 Capitol St. in Charleston. There is no charge to attend. The clinic is open to the public, but registration is requested as seating is limited. Register online at www.wvscore.org or call (304) 347-5463 or (304) 347-5220.

"Since the announcement of the American Recovery and Reinvestment Act, we are receiving requests from businesses looking for financing so they can survive the recent economic slowdown," said Emma Wilson, manager of the SBA's Charleston Branch Office. "This workshop gives us the opportunity to reach more people with solid accurate business information and provide first-hand knowledge on what lenders look for in a business loan."

"Business Loans — No Hype, Just the Facts" will be presented by Wilson. The presentation will include an open question and answer session.

This clinic is one in a series of free small business clinics. The next clinic, "Business Legal Organization and Tax Rates", will be held on Thursday, Nov. 19.