Tuesday, July 1, 2008 - 9:36 AM CDT

Birmingham Business Journal

 

The U.S. Small Business Administration has introduced two new online courses to help small business owners with basic principles of finance and borrowing.

The new courses are:

• "Finance Primer: Guide to SBA's Loan Guaranty Programs" gives an overview of the SBA's loan programs and can help entrepreneurs avoid common mistakes, such as securing the wrong type of financing, miscalculating the amount of financing required and underestimating the cost of borrowed money.
• "How to Prepare a Loan Package" includes links to related information and to places where entrepreneurs can get direct support.

Course participants who complete the 30-minute online training programs can earn a certificate of completion from the SBA. Registration can be found at www.sba.gov/services/training/index.html.