BDCC hosts roundtable to discuss loan programs for local business owners
BRATTLEBORO - On Tuesday, February 22, from 3 to 4 pm, Brattleboro Development Credit Corporation will host a roundtable event that will bring together commercial lenders with business owners to discuss loan programs and application requirements. Loan officers will be available to answer any questions. Local business owners are invited to join this event to learn how financing may help achieve their business goals. The event is virtual via Zoom. Register at www.brattleborodevelopment.com.
BDCC routinely partners with private sector lenders to provide capital for business projects. BDCC lending programs are specifically tailored to small businesses and underrepresented community members. Despite their significant contributions to the economy, nationwide research shows that businesses owned by under-represented groups, such as women and BIPOC entrepreneurs, have a much lower chance of having strong banking relationships. One way business owners can combat disproportionate lending systems is to establish relationships with commercial lenders. This roundtable endeavors to help business owners understand how capital providers can work with their businesses.
Commercial lending officers from Brattleboro Savings & Loan, Key Bank, People’s United, Community Bank, Service Credit Union, Vermont Economic Development Authority, Vermont Small Business Development Center, and One Credit Union will be represented on the webinar.