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Seeds for Success 5: Financing Support from Virginia Financing Authority & Virginia PACE Authority
December 12, 2019 @ 5:00 pm - 7:00 pmFree
Businesses from all industries rely on money to run smoothly. Having access to capital at the time that you need it is the key to growth, but also one of the biggest challenges that business owners face.
If this sounds like something your business has faced or could face one day, now is the time to plan for accessing the finances your business needs. Join us and the Loudoun Small Business Development Center for a panel discussion about programs available from the Virginia Financing Authority with special guests:
- Howard Pisons, Executive Director of Virginia Small Business Financing Authority
- Anna Mackley, Chief Credit Officer & Operations Manager, SBSD Virginia Financing Authority
- Karen White, Regional Lending Manager, SBSD Virginia Financing Authority
Abby Johnson, Executive Director of the Virginia PACE Authority will discuss the benefits of a new energy efficiency and renewable energy financing tool known as Commercial Property Assessed Clean Energy or C-PACE. Specifically, she will explain how C-PACE can pay for needed capital expenditures or the installation of high-efficiency equipment that increases cash flow and sustainability with no upfront costs.
The Virginia Small Business Financing Authority offers programs to provide businesses, not-for-profits, and economic development authorities with the financing needed for economic growth and expansion throughout the Commonwealth.
To accomplish this goal, the VSBFA offers loans directly to businesses & non-profits, credit enhancements to banks that are lending to businesses & non-profits, as well as bond financings to benefit for-profit businesses, 501 (c) (3) not-for-profit entities, and to support clean energy and P3 transportation projects. It also helps small businesses seeking to attract equity investments by providing an equity incentive grant program.
Howard, Anna and Karen will be here to talk about VSBFA programs and how they can help Loudoun businesses with their own financing needs.