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The Bucks Start Here Loan Fair
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Type
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Loan Fair
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Date
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Wednesday - 8/22/2007
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Time
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9:00 am to 12:00 Noon
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Location
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Honolulu Design Center
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Cost
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| Description/Comments |
The Bucks Start Here Loan Fair
HONOLULU, HI -- Asking for money can be a delicate matter. Your credit and character are always at issue. But when opportunities arise, are you cash-ready? If you had the money, could you start a small business? Maybe your existing business needs money to expand. Believe it or not, no one wants to see you fail. The Hawaii Women s Business Center (HWBC) is hosting a special loan fair for small and start-up business owners to explore their options for project financing.
Business Loan Officers from First Hawaiian Bank, Central Pacific Bank, and Pacific Rim Bank have agreed to work with the Hawaii Women s Business Center, and help businesses take advantage of federal lending programs that may provide funding for a myriad of projects. The lenders will be featuring U.S. Small Business Administration loan products that guaranty up to eighty-five percent of each loan. With this reduction in lender risk, banks can make loans that they might otherwise decline. In June, the SBA launched a Patriot Express Loan Program that makes Veterans, Service Disabled Veterans, Reservists, National Guard members, and their spouses or widows eligible for a remarkable loan program with maximum guarantees and minimal processing requirements. SBA claims local lenders have already expressed interest in the program and are anxious to make these loans.
The Bucks Start Here will be held at the Honolulu Design Center, 1250 Kapiolani Blvd on Wednesday, August 22 from 9:00 am to 12:00 Noon. There will be a brief workshop from 9:00 to 10:00 and one-on-one meetings with lenders and staff from 10:00 to Noon. Although walk-in clients are welcomed, the HWBC recommends scheduling meetings in advance. Call 526-1001 or email at hwbcadmin@hwbc.org to register.
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