Thanks to SBAC Member, TyJuan Cratic, for sharing this opportunity with us!
LISC/Chicago and the LISC New Markets Support Corporation invite you to
a special presentation and discussion to learn about a new financing tool for small businesses in your community.
Small business loans can be difficult to come by in this economic climate. The National Equity Fund (NEF) and LISC, in cooperation with Morgan Stanley, have developed a small business loan fund to address this challenge.
The LISC/Morgan Stanley Small Business Loan Fund provides small businesses in New Market Tax Credit (NMTC) eligible communities with long-term, fixed-rate financing to acquire or improve fixed assets.
By leveraging the NMTC program with the SBA 504 Program, the LISC New Markets S
Support Corporation and Morgan Stanley, this loan pool can be used by small businesses to:
Â· Purchase land, including existing buildings
Â· Make site improvements, including grading, street improvements, utilities, parking lots and landscaping
Â· Modernize, renovate or convert existing facilities
Kevin Boes, Executive Director of LISC New Markets Support Corporation
Joel Bookman, Director of Programs at LISC/Chicago
LISC/Morgan Stanley Small Business Loan Fund
Friday January 13, 2012
12:00 PM to 1:30 PM
135 S. LaSalle, 43rd Floor
Please RSVP by Tuesday January 10th with Maria Hernandez at firstname.lastname@example.org