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July 23, 2013

LSBDC at ULM and Accion offer credit repair workshop

The Louisiana Small Business Development Center at University of Louisiana Monroe in partnership with Accion, will offer a free "Credit Repair for You and Your Business" workshop, from 1 - 3 p.m., Thursday, Aug. 1, at the Ouachita Parish Public Library located at 1800 Stubbs Avenue in Monroe.

The workshop is intended for individuals who are unsure how to read or interpret their credit reports, who need the definition of credit scores and how to improve them, and who need to know what individuals can do if there are errors in their credit information.

It is especially recommended for those who need to repair their credit, want to understand the use of credit in the loan process or have recently been denied credit.

"Credit plays an important role in being able to secure financing to start or grow a business," said Mary Lynn Wilkerson, LSBDC State Director.

"This workshop will provide tips and resources that will help small businesses get their credit back on the right track."

There is no cost to attend.

To register for the workshop, visit or call 318-342-1224.

Last year, through its partnership with Louisiana Economic Development and the U.S. Small Business Administration, the LSBDC statewide network served 27,000 small businesses – creating 964 new jobs, 165 new businesses, $54 million in capital, and helping generate $17 million in new state income tax revenue.

About Accion
Accion is a small business lender dedicated to providing financing and business education to small businesses.

They offer loans of up to $20,000 for start-up businesses and $50,000 for established businesses. They also offer Credit Builder loans between $500 and $2500.

Accion brings affordable microfinance solutions to small business owners who need them.

About Louisiana Small Business Development Center

Designated and funded as the state's principal provider of small business assistance by Louisiana Economic Development, the Louisiana Small Business Development Center at ULM is the only statewide, nationally accredited program that provides business consulting to entrepreneurs at no cost.

Through a network of 10 centers, the LSBDC provides high quality one-on-one consulting, training and information resources to empower new and existing businesses.

LSBDC is funded in part through a Cooperative Agreement with the U.S. Small Business Administration, Louisiana Economic Development, and participating universities.

All SBA programs are extended to the public on a nondiscriminatory basis.

Reasonable accommodations for persons with disabilities and limited English proficiency (LEP) will be made if requested at least two weeks in advance.

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