When it comes to getting the working capital your company needs, you’re strictly business. Yes, you confer with traditional financial institutions, but like many small businesses, you also may look into online loans and other newer options. Financing for smaller enterprises is the topic of an upcoming FTC workshop. Mark May 8, 2019, on your calendar for Strictly Business: An FTC Forum on Small Business Financing.
Small businesses are the heart of the American economy and like larger companies, they often need financing to operate and expand. One recent innovation: the online marketplace for small business financing, including term loans, lines of credit, and cash advances. Some options may provide benefits to small business – for example, quicker access to capital – but some products raise consumer protection concerns, like high costs and potentially unclear terms. The FTC is convening this event to hear from stakeholders and get a 360° picture of the developing marketplace.
Right now, we’re putting together potential panels. If you’d like to be considered as a panelist, email smallbizfinance@ftc.gov with a brief statement about your perspective on the issues.
Strictly Business is free and open to the public – and there’s no need to pre-register. The May 8th forum is scheduled for the FTC Constitution Center auditorium, located at 400 7th Street, S.W., in Washington, D.C. (We’re at the L’Enfant Plaza Metro stop.) Can’t make it to Washington? Watch the webcast live.
Follow the Business Blog for upcoming details about the agenda.