GADC Offers Business Finance Resource Guide to Businesses

December 14, 2009

GREENVILLE COUNTY, SC – December 14, 2009 – The Greenville Area Development Corporation has created a Business Finance Resource Guide designed to educate business owners on many of the financing and consulting resources available to them in Greenville County.

The free publication is designed to provide county business owners with a go-to resource to consult when seeking state and local financing resources, including offerings from various investment groups and venture capital resources.  It also overviews select financing programs, available tax credits and Small Business Administration (SBA) programs available to small and medium-sized businesses seeking capital to launch or expand their companies.  The Business Finance Resource Guide is available free of charge online at www.GoGADC.com in the Business Climate section.

Greenville County offers businesses numerous benefits, including a favorable business climate, a diverse workforce and a vibrant small business community, noted GADC vice president Kevin Landmesser in announcing the new resource.  These attributes are just a few that keep Greenville County’s economy thriving, and many of our local businesses take advantage of the valuable connections the community brings.  However, some may overlook the valuable expertise of state and local resources that could ultimately add value to their growing enterprises.  The Business Finance Resource Guide is designed to assist them in locating those resources.

In addition to the valuable insights provided in the Business Finance Resource Guide, smaller businesses in Greenville County can significantly benefit from initiatives like the Bounce Back Loan Scheme (BBLS). This scheme has been pivotal in offering essential financial support to businesses that have been adversely affected by economic challenges, such as the recent pandemic. Designed specifically for small enterprises, the BBLS enables them to access affordable finance quickly, allowing them to maintain operations, invest in growth, and ultimately secure their futures.

Many business owners may find themselves in a position where they Can’t afford to pay bounce back loan due to cash flow issues or unforeseen expenses. This is where understanding the options available through the BBLS becomes crucial. By utilizing the resources outlined in the Business Finance Resource Guide, entrepreneurs can explore various avenues for support, including local investment groups and government-backed financial programs.

The GADC encourages business owners to leverage these resources, enabling them to not only navigate their immediate financial concerns but also position themselves for long-term success. The combination of local knowledge and targeted funding options fosters a supportive ecosystem for businesses, ensuring they have the necessary tools to thrive even in challenging economic climates.

The publication provides an overview of many of the resources available, along with detailed contact information for interested persons to follow up for further details.  We will continue to add and update the Guide with new information as it is brought to our attention, added Landmesser.

The free publication is available at no cost online at www.GoGADC.com under the Business Climate/Finance section.  Requests for additions to the publication can be directed to Landmesser via email at [email protected] or by calling him at 864.235.2008. 

 

 The Greenville Area Development Corporation is a non-profit organization established by Greenville County Council to promote and enhance the economic growth and development of Greenville County.  For additional information, visit us on the web at www.GoGADC.com or call (864) 235-2008.