How to Avoid the Loan Shark and Prevent Scams

Join us for this free workshop!

This is a workshop for beginners to learn about key programs and resources provided by the US Small Business Administration. Our special guest, Phuong (Bruce) Le, Business Loan Counselor at PACE, will discuss small business loan opportunities.

When:

Wednesday, April 25, 2018 || 3:00 p.m. to 5:00 p.m.

Where:

PACE Business Development Center

1055 Wilshire Blvd #900B

Los Angeles, CA 90017

The workshop will begin with a brief overview of SBA Programs and Services.  These are Counseling, Access to Capital, Contracting and Disaster Assistance.  Our special guest speaker, Phuong (Bruce) Le, will discuss the basics of loan programs offered through PACE Finance Corporation.

PACE Finance Corporation also partners with different financial institutions to provide loan products for those who may not qualify for a traditional loan. Whether you are just starting up, or have been in business for many years and want to expand, have issues with your credit, or were rejected by other lenders, this workshop may be right for you.

Topics in the workshop include:

• What is a loan Shark?
• Who are the targets of loan shark and scams?
• How do you avoid the loan shark and prevent scams?
• How do you make your loan application stand out to be qualified for a term loan?
• Overview of the loan process, how long does the application process take?
• Review of loan programs offered through PACE Finance Corporation

               ~ US Small Business Administration (SBA)

               ~ Community Development Financial Institution (CDFI)

               ~ KIVA – Crowd Funding

               ~ City of Los Angeles Loan Program

               ~ and other free services including Employment Incentive programs

Phuong ( Bruce ) has worked as a Loan Counselor with PACE since 2013. He enjoys bringing his wide range of business experience to the Small Business Community. Phuong has over 15 years of experience in corporate roles in the South East Asia Region before he moved to the US in 2011. He holds a BA in Business Administration from Vietnam and is currently perusing and MBA degree here in the United States.