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When Banks Say No: Alternative Funding Options for Small Businesses

Being turned down for a traditional business loan does not necessarily mean a business has run out of funding options. There are a number of alternative sources of capital available, but understanding how they work, what they cost and when they may be appropriate is an important part of making a sound financial decision.

In this free online webinar, participants will learn about the major alternative funding options available to small business owners. The session will explain how different types of funding work, the situations they may be best suited for and the factors owners should consider before deciding whether a particular option makes sense for their business.

Participants will explore funding sources outside traditional bank loans, compare the costs, requirements and tradeoffs of different approaches, and learn how different options may fit businesses at different stages. The webinar will also cover how to avoid pursuing funding that may not be a good fit and how to identify practical next steps for researching and pursuing capital.

The session is presented by Boyd Karren, Founder and Managing Partner of OTRO Financial, a nationwide business funding consultancy that helps entrepreneurs access capital when traditional bank financing may not be available. His background includes experience in entrepreneurship, marketing and business finance.

Click here to register

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The POWER Awards