Expanding Access to Capital in Illinois: How Illinois Financial Institutions can Drive Profit and Purpose through the Illinois Advantage Illinois Loan Program
Expanding Access to Capital in Illinois: How Illinois Financial Institutions can drive profit and purpose through the Illinois Advantage Illinois Loan Program Please join the Illinois Department of Commerce and Economic Opportunity for a conversation around how local financial institutions can partner with the State of Illinois to drive small business growth and access to capital for minority owned businesses. Advantage Illinois provides low interest loans to small businesses in Illinois for startup costs, working capital, equipment and inventory. Learn how your bank can participate in this program using your own underwriting standards and loan processes. Through the American Rescue Plan, the State Small Business Credit initiative (SSBCI), recently received an increase in funding to help bolster access to capital in Minority Communities, the only way we can be successful is through a robust banking network.
Date/Time: March 1, 2022 10:00 am
Presented by: Mark Schultz and John Hill, Advantage Illinois Team
Hosted by: Kim Watson, DCEO Southern Region Sr. Account Manager