The Small Business Administration provides tools and resources critical to the success of America’s nearly 30 million small businesses, which support more than 56 million jobs. Credit unions interested in learning more about SBA loan programs will receive valuable information from an Oct. 16 webinar hosted by the National Credit Union Administration and the SBA.
Registration for the webinar, “The Big Picture of SBA Lending for Credit Unions—Part 1,” is now open. The webinar is scheduled to begin at 2 p.m. ET and run approximately one hour. Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website.
This will be the first of two webinars hosted by the agencies.
William Briggs, senior advisor in the SBA’s office of capital access, and Dianna L. Seaborn, Director, SBA office of financial assistance, will discuss:
- A brief history of the SBA;
- SBA benefits to the borrower and to the credit union;
- An overview of SBA programs; and
- How offering small business loans may align with your credit union’s mission.
The NCUA will provide live Twitter updates on @TheNCUA. Participants can submit questions over Twitter anytime during the presentation and in advance by emailing WebinarQuestions@ncua.gov. The email’s subject line should read, “SBA Lending for Credit Unions – Part 1.” Please email technical questions about accessing the webinar to firstname.lastname@example.org. This webinar will be closed captioned and archived online approximately three weeks following the live event.
In April, the NCUA and the U.S. Small Business Administration announced a three-year collaborative effort to bring small businesses and credit unions together and expand awareness about SBA programs.
NCUA’s Office of Credit Union Resources and Expansion supports low-income-designated credit unions and credit unions interested in a low-income designation; minority credit unions; credit unions seeking changes in their charters, bylaws, or fields of membership; and groups organizing to start new credit unions.