And we try to make sure that we communicate this information to them so that their businesses can come either to us or be prepared to borrow with the bank, whichever way they want to go
In fact, there’s a great one in Philadelphia near me. They tend to affiliate with universities. So the one in Philly is Temple University. And you’re absolutely right, I have a lot of clients that’s used small business development centers, SCORE, women’s business. These are all free services by experienced people. The small business development centers often use grad students and PhDs business majors at the universities, as well as people external to provide advice for business owners. And it’s a huge service. It’s a really great service.
Our goal is to educate everyone that needs to understand how SBA functions and how to utilize the program to the best of their ability because again, for instance, if a business wants to start up and they’re being denied by a lender, they might not know where to go
Jon: What’s interesting there, because you were talking about getting kind of into business. Or how does SBA kind of think about that? Is it really kind of geared towards startup or kind of growing something that might be existing?
Julio: No, we don’t have no limitations funding wise. For instance, in each state, there is no limitation. I don’t have a goal. I don’t set goals for my staff, the district director, neither as to whether they’re nascent businesses, startups. And so these chats are the only way of communication. We don’t have a budget to do advertisement. We don’t advertise ourselves. Most of our information goes out by word of mouth or through these type of interviews where people then say, “Oh wow, I didn’t know that SBA provided this assistance.”
And then now we pick on these additional clients SCORE, SPDC, the Women’s Business Centers, all have goals of reaching out. They get funded to making sure that they reach out to any and all businesses that need assistance. Continue Reading Gene: So they’re all over the country
