Latino entrepreneurs are starting businesses in record numbers and instilling vibrancy into local economies, yet they face many challenges in securing capital.
New York, NY (PRWEB) September 25, 2013
As part of National Hispanic Heritage Month (September 15 - October 15, 2013), Biz2Credit will host a free webinar, Small Business Funding Options for Latinos, featuring Hector Barreto, the former SBA Administrator and now Chairman of The Latino Coalition, and Paul Quintero, Executive Director of Accion East, a leading non-profit microlender, on Thursday, October 3, 2013, at 3:00 PM (EDT).
Moderated by Biz2Credit CEO Rohit Arora, one of the nation's top experts in small business finance, Small Business Funding Options for Latinos will feature a downloadable presentation and a Q&A session at the end. The webinar will cover topics including:
- The explosive growth of Latino-owned companies
- Challenges facing entrepreneurs searching for startup capital and other funding
- The role of microlenders in small business finance
- SBA programs available to minorities and women entrepreneurs
- Ways to overcome bad credit scores or a lack of credit history
- Different types of funding options: small business loans, business lines of credit, etc.
"Latino entrepreneurs are starting businesses in record numbers and instilling vibrancy into local economies, yet they face many challenges in securing capital," said Rohit Arora, CEO of Biz2Credit. "To help, we have organized Small Business Funding Options for Latinos, featuring Hector Barreto and Paul Quintero, two of the most respected names in the Latino business community."
Participants must register in advance for the webinar at https://www.biz2credit.com/webinars/small-business-funding-options-for-latinos. Registrants will later receive a confirmation email containing information about how to join the webinar on Thurs, Oct. 3 at 3:00 PM (EDT).
"During the past decade, Latino-owned companies have increased substantially and have become one of the fastest growing sectors of the U.S. economy," said Hector Barreto, Chairman of The Latino Coalition, former SBA Administrator, and a successful businessman in the private sector. "Meanwhile, in the past few years, it has been particularly difficult for minority-owned companies to secure capital to expand their businesses. The goal of this webinar is to provide information and guidance to help Latino entrepreneurs get the funding they need to grow."
"Nonprofit microlenders such as Accion, help members of the Latino community fulfill their entrepreneurial dreams through small business loans ranging from $700 to $50,000," said Paul Quintero, Executive Director of Accion East. "Microlending organizations provide funding for thousands of aspiring minority and women business owners, who often can’t access capital from traditional sources. Microlenders are an important funding source that Latinos might not have even know existed. This webinar is designed to inform them about microlenders and other small business financing options."
About The Latino Coalition
The Latino Coalition (TLC) was founded in 1995 by a group of Hispanic business owners from across the country to research and develop policies relevant to Latinos. TLC is a non-profit nationwide organization with offices in Southern California, Washington, DC, and Mexico. TLC addresses policy issues that directly affect the well-being of Hispanics in the United States. TLC’s agenda is to develop initiatives and partnerships that will foster economic equivalency and enhance overall business, economic and social development of Latinos. For more information, visit http://www.TheLatinoCoalition.com.
About Accion East
Accion East is a nonprofit microlender that provides lending and financial education to entrepreneurs nationwide. By sparking ideas and empowering self-starters, Accion helps local businesses and communities grow by driving job creation and retention with each microloan. Since opening its doors in 1991, Accion has provided more than $132 million in capital to entrepreneurs, creating and saving over 73,500 jobs within local communities.
Founded in 2007, Biz2Credit Business Loans is a leading credit marketplace connecting small- and medium-sized businesses with lenders, service providers, and complementary business tools. The company matches borrowers to financial institutions based on each business’s unique profile -- completed in less than four minutes -- in a safe, efficient, price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 1,200+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers. Having arranged more than $1 billion in funding throughout the U.S., Biz2Credit is widely recognized as the #1 online credit resource for small business loans, lines of credit, working capital and other funding options.