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Business owners, entrepreneurs learn how to access financing

Marlborough, MASS. September 26, 2014 – Close to 40 Marlborough business owners and entrepreneurs attended a free seminar at The Campus at Marlborough yesterday morning, to learn how to secure financing for their new or existing ventures.

Organized by the Marlborough Economic Development Corporation (MEDC) and the Marlborough Regional Chamber of Commerce (MRCC), the “Access to Financing” workshop gathered a panel of industry experts to provide tips on how companies of all sizes can gain access to more capital.

The experts discussed various businesses financing options, including U.S. Small Business Administration loans, traditional and non-traditional lenders, and angel investors.

Lead by MEDC Chairman Richard Tomanek, the panel consisted of Paula Camara, Senior Business Advisor and Financial Specialist at the Clark University Small Business Development Center; Larry LaChance, President and Founder of Bankers Capital; Joseph Sova, Senior VP / Commercial Loan Officer at Avidia Bank; and Lisa Kerby Gibbs, Managing Partner at Highland-March Office Business Centers and Chair of the Boynton Angels (a network of private investors).

“Whether you are a small business owner, entrepreneur or anything in between, having access to capital when you need it can make or break you,” said Tomanek. “It is our goal at MEDC to help every business in Marlborough succeed, and we are proud to be providing our business community with essential information on important topics, like securing financing. I think everyone who attended today walked away with some new knowledge that could help them get their new company off the ground or grow their existing business, and that’s all we could ask for.”

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About MEDC:
The Marlborough Economic Development Corporation (MEDC) is the state chartered economic development corporation for the City of Marlborough, MA and represents a public-private partnership for planning. MEDC works with municipal and private investors to foster economic development, job growth and community revitalization and development. For a complete overview of MEDC visit www.MarlboroughEDC.com

About MRCC:
The Marlborough Regional Chamber of Commerce is a not-for-profit, private organization that provides a forum and resources for business people to experience individual and collective growth. The chamber also offers educational opportunities and legislative advocacy for its members. For a complete overview of MRCC visit www.marlboroughchamber.org.


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Lora Markova
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