Phoenix, AZ — Today, The National Center for American Indian Enterprise Development (The National Center) announced a Working Capital Loans During the Pandemic: Business and Industry CARES Act Program webinar with partner Live Oak Bank. The Business and Industry CARES Act Program, administered through U.S. Department of Agriculture’s (USDA) Rural Development, has made available up to $1 billion in loan guarantees to help rural and tribal businesses meet their working capital needs during the Coronavirus pandemic. During this training we’ll look at: What the funds can be used for, who is eligible to obtain funding, what is the loan process, loan application and decision timelines, and more. Join us for an overview of the loan program on Monday, August 31, 2020 at 12:00PM PT/3:00PM ET to learn how to take advantage of this working capital solution during this unprecedented time. You can register for the FREE webinar by clicking here.
As part of our effort to better serve Native Businesses during the COVID-19 pandemic, the National Center has gathered a team of experts from Live Oak Bank, as well as a representative from USDA, to help walk you through the USDA Capital Loan Program. Here are some of our expert speakers who will be joining us on August 31, 2020:
- Tedd Buelow, Native American Coordinator, USDA Office of Rural Development
- Tedd Buelow works to increase access to USDA’s Rural Development programs for Tribes and Tribal Members. Tedd has held multiple roles at USDA, as well as working for the Community Development Financial Institution’s Native American program team at the Treasury Department.
- Kay Anderson, Executive Vice President of Emerging Markets, Live Oak Bank
- A senior lender with 28 years of Small Business Administration and USDA lending experience, Kay focuses on business owners who have financial needs not currently being met by traditional lenders.
- Anna West, USDA Lending Team, Live Oak Bank
- Anna has 8 years of experience working at USDA across all departments. In 2018, she funded close to $100 million in infrastructure projects through various programs in rural communities.
- Chip Mahan III, Chairman and Chief Executive Officer, Live Oak Bank
- Chip Mahan III is the CEO and Chairman of Live Oak Bank, specializing in providing lending and deposit services to small businesses nationwide. Chip is also the founder of Security First Network Bank, one of the world’s first internet banks.
“The National Center is excited to offer this virtual loan program coaching to rural and native-owned small businesses,” said National Center President and CEO Chris James, “We worked with Live Oak Bank to form a team of loan experts to give attendees the expert insight and advice needed to navigate specific challenges with this federal program. Live Oak Bank experts, Tedd Buelow from USDA, and National Center representatives will all be there to help your business learn how to access funds, what requirements are necessary to be eligible, what costs are associated with the loan, and more. We hope you’ll join us on August 31 to learn how you can use this program to help sustain your business during the pandemic.”
Working Capital Loans During the Pandemic: Business and Industry CARES Act Program:
When: Monday, August 31, 2020
Time: 12:00 PM Pacific Time/3:00 PM Eastern Time
Location: Virtual (link below)
Cost: Free to attendees
Register: https://register.gotowebinar.com/register/1528333666155404043
About the National Center: The National Center for American Indian Enterprise Development (NCAIED) is a 501(c)(3) non-profit organization. With over 50 years of assisting American Indian Tribes and their enterprises with business and economic development – The National Center has evolved into the largest national Indian specific business organization in the nation serving over 500 clients and providing over $4 million in contracts to its clients. The National Center has nine offices throughout the nation with its home office located in Mesa, Arizona. The National Center is actively engaged in helping Tribal Nations and Native business people realize their business goals and are dedicated to putting the whole of Indian Country to work to better the lives of American Indian people – both now…and for generations to come.