SBA to hold Business Loan Clinic Oct. 1 in Charleston

CHARLESTON – As a small business owner, do you need financing but not sure where to look or how to approach a bank for a loan? The U.S. Small Business Administration and Charleston SCORE Chapter 256 will be hosting a free small business clinic called “Business Loans – No Hype, Just the Facts” on Thursday, Oct. 1 from 5:30 p.m. to 6:30 p.m. in the 4th Floor Conference Room at 405 Capitol Street in Charleston, W.Va. 

The clinic is free and open to the public. Registration is requested as seating is limited. Individuals can register online at www.wvscore.org or by phone at (304) 347-5463 or (304) 347-5220.

Emma Wilson, manager of the SBA’s Charleston Branch Office, said, “With 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. 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 and will feature Ostie Mathisen, vice president of First State Bank located in Barboursville.

The presentation will include an open question and answer session.

This clinic is one in a series of free small business clinics. Future clinics and dates are as follows:

“Business Loans— No Hype, Just the Facts” November 5;

“Business Legal Organization and Tax Rates” October 15;