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Access to Capital

| January 27, 2022

The Business Navigator Alliance of Clark, Coles, Crawford, Edgar, Effingham and Moultrie Counties has launched a series of webinars to assist businesses in the region in accessing resources that can help stimulate recovery and provide support as the economy rebounds from the pandemic.

The first webinar featured a panel of experts to present information about resources to help finance the growth of local businesses.

The webinar will be held Thursday, January 27 at 10:30 am and the panel will include the following:

Lora Bergfeld and John Vitale with the SBA Department at Midland States Bank. Bergfeld and Vitale will discuss the SBA 7a loan, the SBA 504 loan and Microloans.

Mary Warren with the USDA Office of Rural Development who will discuss the USDA’s Business and Industry Guaranteed Loan program and the USDA Rural Economic Development Loan and Grant program.

John Hill and Mark Schultz with the Office of Business Development at the Illinois Department of Commerce and Economic Opportunity who will discuss the Advantage Illinois program which works with participating lenders across the state to improve access to capital.

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