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October 31, 2008

LSBDC at ULM to offer “SBA Patriot Express Loan Program for Veterans” workshop Nov. 13

The Louisiana Small Business Development Center at the University of Louisiana Monroe will offer a free “SBA Patriot Express Loan Program for Veterans” workshop Thursday, Nov. 13, from 6-8 p.m. at the ULM Administration Building, room 2-105.

Patriot Express is a loan program designed for military community members including veterans, service-disabled veterans, active-duty service members participating in the military’s Transition Assistance Program, Reservists and National Guard members, current spouses of any of the above, and the widowed spouse of a service member or veteran who died during service, or of a service-connected disability.

This new Patriot Express Loan is offered by the Small Business Administration’s network of participating lenders nationwide and features SBA’s fastest turnaround time for loan approvals. Loans are available up to $500,000. The Patriot Express Loan can be used for most business purposes, including start-up, expansion, equipment purchases, working capital, inventory, or business-occupied real-estate purchases. Topics of discussion include program information, loan eligibility and requirements and how to access Patriot Loans.

Registration is advised. Call the LSBDC at ULM at: 318-342-1224.

About the Louisiana Small Business Development Center:
The LSBDC at ULM is a program sponsored by the Louisiana Department of Economic Development and the U.S. Small Business Administration.

The organization is proud to salute the entrepreneurs who drive this country’s economy. Small businesses create most of America’s net new jobs, bringing dynamic ideas, innovative services and new products to the marketplace.

The LSBDC at ULM provides quality, no-fee, confidential, one-on-one counseling services to potential and existing business owners; provides no-fee management and technical assistance services by appointment; conducts workshops and seminars to help small business people become better managers and to keep them informed about current events and changing trends in today’s business world; and maintains a resource library which includes statistical data, census figures, SBA publications, and a variety of other information.

The ULM branch is part of the Louisiana Small Business Development Center, a nationally accredited, award-winning network of nine centers statewide dedicated to helping small businesses start, grow and expand. LSBDC offers free confidential, individual consulting; low-cost training and other specialized services.

For assistance or information, call the LSBDC, located at ULM's College of Business Administration, at 318-342-1224 or visit esc.ulm.edu/SBDC

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