legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

## Small Businesses Invited To 2nd Capital Matchmaker Event

### Description of the Event:
Small businesses and start-ups in the state will have a unique opportunity to meet and talk with financial lenders at the Capital Matchmaker: Funding for Small Businesses event on June 4 at Fairfield University’s Dolan School of Business from 8:30 a.m. to 1 p.m. The event, now in its second year, is co-hosted by Fairfield University, the Connecticut Small Business Development Center (SBDC), and the US Small Business Association (US SBA).

### Importance of Access to Capital:
Catherine Marx, District Director of the US SBA, emphasized the importance of access to capital for small businesses. She mentioned that every small business starts with a dream, but to sustain and grow, capital is essential. However, small businesses often struggle to secure funding from traditional banks due to lack of preparedness, like not having a proper business plan and financial projections.

### Unique Opportunity at the Event:
At the event, small businesses will have the chance to interact with various financial institutions, similar to a speed-dating format. This can be a game changer for businesses as it saves them time and provides the opportunity to find the right lender for their needs.

### Connecticut Small Business Boost Fund:
Apart from traditional banking loans, Connecticut offers the Small Business Boost Fund with fixed interest rates and favorable repayment terms. This fund is particularly beneficial for women, people of color, and businesses operating for less than a year.

### Changing Perceptions about Connecticut:
Marx debunked the perception that Connecticut is unfriendly toward small businesses by highlighting the success stories of thriving businesses in the state. She encouraged small businesses to explore the opportunities available and network at the event.

### Assistance Provided:
Marx assured that businesses attending the event can be guaranteed a loan with the support of the SBA and the US government. Their guarantee enables banks to approve loans that businesses might not have access to otherwise due to credit history or business environment.

### How AI legalese decoder Can Help:
The AI legalese decoder can assist small businesses attending the event by simplifying legal jargon and complex terms in loan agreements or financial documents. It can ensure that businesses understand the terms and conditions of the loans they are seeking, leading to better decision-making and financial management.

### Registration Information:
Businesses interested in attending the event can register online at the provided link. There is no cost to attend the Capital Matchmaker event.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link