JULY 2017 NEWSLETTER
IN THIS ISSUE...Borrower news, upcoming events, and more!

BORROWER NEWS

J. Stark, a manufacturer and retailer of fine leather goods, is a unique Charleston gem. At J. Stark, “We believe in real things made by real people. We believe in products that stand the test of time and earn the investment made in them. We believe in fair wages for hard work and opportunity for anyone willing to learn."

--Erik Holmberg, Founder


COMING SOON!!! White Key Studios, a music school and recording studio, is gearing up for their grand opening in September, but look for their free summer camps in August! All new clients with a monthly lesson plan will be invited! White Key’s focus is to grow a musical community within their facility. Their open-play Music Lab for kids is free for any member, and all will be rewarded with recording time for 3, 6-month and 1-year milestones so that both students and parents can hear the progress.  


Orange Spot Coffee has unlocked the doors on its new Park Circle location.
Now operating at 1011 E. Montague Ave., business partners Julie Buelk and Laura and Matt Cannon are back at it, serving their smoothies, espressos, and scones in their new space.



Quick Reminders:

When a natural disaster strikes, our Quick Recovery Loan Program can provide short-term financing of up to $10,000 for small businesses.  It's designed to provide swift relief to businesses in our five-county area that need to replace inventory, secure buildings, purchase equipment, or general cash flow needs.  Click here for more details. 

No disaster damage but still need a loan?  New applications are accepted through the first business day of each month (except December) in order to be considered by our Board of Directors the first week of the following month.  However, if your business needs are under $25,000, you can submit an application at any time.  The LDC staff can review and approve loan requests of $25,000 and under.  

UPCOMING EVENTS

Do you need a loan to start your small business or to expand an existing business?  Where do you look to find capital? Join our panel of financial experts as they share the types of lending options available to current and potential small business owners.

Speakers:
Andrew Posta – Business Development Officer with Wells Fargo
Cindi Rourk – Loan Officer for the Local Development Corporation (LDC). She is a former small business banker. The LDC provides microloans to small businesses.
Rutledge Baker- Regional Vice President, South Star Capital, an asset-based lending company.
William FurmanSmall Business Administration, North Charleston office. The SBA works with local lenders to offer SBA guaranteed loans.


Panel Moderator – Darrell Jones, Charleston Area Director, SC SBDC

DATE:       August 3, 2017
TIME:         3:00 – 5:00 PM
PLACE:     Trident United Way Building
                   6296 Rivers Avenue,
                   Suite 101 Conference Room
                   North Charleston, SC 29406
                                       
COST:       $20.00

REGISTER HERE

To register or learn more, visit www.charlestonsbdc.com or
call 843-740-6160.



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