Unlocking the VSBFA Microloan Program for Business Growth
Access Funding to Grow Your Small Business
Note: The VFA microloan is not only for Agriculture businesses! If you are a small business with interest in microloans, join us for this informative session.
We will specifically explore how rural businesses uses of the program. If you're an agriculture or rural business owner looking to expand, invest in new equipment, or boost your operations this session is for you. Join us for a comprehensive two-hour workshop where you’ll learn how to access up to $150,000 through the Virginia Small Business Financing Authority (VSBFA) microloan program.
We will explore how this unique funding option works and how it may be a good fit for your agricultural or rural business. Don Jacubec, Regional Lending Manager for the (VSBFA) will be on hand to talk about the program and how it works.
During this workshop, you’ll:
• Learn the ins and outs of the state-sponsored micro loan program. • Discover the eligible uses for these funds, including equipment purchases, business expansion, and operational costs. • Understand the application process and key requirements to qualify. • Get your questions answered by a representative from the state loan program.
If you’re looking to grow your business, don't miss this workshop
Don’t miss this opportunity to learn how to unlock financial resources that can make a difference for your rural or agricultural business!
This is an in-person event co-sponsored by the Town of Purcellville held at the Purcellville Old Train Station.
(because this is a live, in-person event there will not be a recording available after this event)
Speaker(s): Don Jacubec, Regional Lending Manager VSBFA A Regional Lending Manager (RLM) for the Virginia Small Business Financing Authority (VSBFA) for approximately three years, providing Banks, Community Development Financial Institutions, Virginia Economic Development Authorities with the VSFBFA Guaranty Programs or Direct Loans to their Borrowers in order to mitigate their credit risk associated with their loans. Other direct lending programs have also been utilized by the RLM to provide small businesses (Microloan) and child care centers (Child Care Center Financing Program) with access to credit. Don was a 35+ year experienced C&I and commercial real estate relationship manager with some of the larger regional banks prior to joining the VSBFA. He’s had broad experience in the financial services industry including many aspects of lending, financing and management. Don’s areas of expertise include: • Small Business credit (companies with revenue up to $25MM) – loans, lines for working capital, equipment,
Co-Sponsor(s): Town of Purcellville Virginia Small Business Financing Authority (VSBFA)
Fee: No Cost
Location
All programs of the Virginia SBDC are open to the public on a non-discriminatory basis to all legal residents and citizens of the United States.
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Full disclosures regarding federal funding are available at https://www.virginiasbdc.org/funding-sources/.