The SBA Loan Guarantee

Presenter: Dami Odetola & RL Condra

Now for the first time, consumer-owned co-ops can apply for SBA loans. What is the SBA loan guarantee and what could it mean to your startup food co-op? Come learn from RL Condra, Senior Vice President of Government Relations at National Cooperative Bank and expert on the revised legislation, and Dami Odetola, the NCB loan officer who helped obtain the first successful SBA loan guarantee for a startup food cooperative in the nation. They will discuss how this loan guarantee option can assist startup food co-ops in obtaining primary lender financing and what needs to be in place for your co-op to be a successful applicant.

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