How to “MANUFACTURE” Funding for Your Small Business
Co-Presenters:
Amy K. Basset, District Director
NH District Office of U.S. Small Business Administration
email: Amy.Bassett@sba.gov
Joe Raycraft, Export Finance Manager
New England Region, U.S. Small Business Administration
email: Joseph.Raycraft@sba.gov
Discover the range of programs and services offered by the SBA. The majority of manufacturers in America are small businesses, and SBA programs have supported tens of thousands of them. Financing backed by the SBA is available for loans up to $5 Million (with higher amounts for manufacturers acquiring real estate and/or fixed assets). This funding can be utilized for various legitimate business needs, including short-term lines of credit for working capital, term loans for purchasing fixed assets or equipment, real estate acquisitions, debt refinancing and business purchases.
Topics To Be Covered:
• Working Capital Lines of Credit
• Asset-based vs. Transaction-based financing
• How to use Lines of Credit
• Term Financing
• STEP Program
• SBA Resource Partners
Who Should Attend:
• Current NH Manufacturers
• Future NH Manufacturers
For more information about this webinar, please contact:
Eric Basta, Business Development Manager at NH MEP cell: 603-724-0802 or email: ericb@nhmep.org
About the Presenters:
Amy Bassett is currently serves as the district director for SBA’s New Hampshire district office. Prior to her appointment in New Hampshire she served as the SBA district director in Maine. In her role as district director, Ms. Bassett is responsible for leading the New Hampshire SBA team in the delivery of SBA’s financial assistance, entrepreneurial development and contracting programs throughout the state.
Ms. Bassett received her bachelor’s degree in business management from Plymouth State College, graduating Magna Cum Laude. She began her career with the SBA in the New Hampshire district office in 1990 and held a variety of positions during her time with that office, including deputy district director and lender relations specialist.
Joe Raycraft works for the U.S. Small Business Administration as Export Finance Manager for the New England Region and is part of SBA’s Office of Manufacturing & Trade. Joe joined SBA in 2020 after more than 20 years working in commercial lending and international banking. As Export Finance Manager, Joe works to promote SBA working capital and export loan programs through direct outreach to SBA partner lender banks, small business exporters and exporter resource partners. Joe brings more than 25 years of private sector business experience, including international roles in the areas of manufacturing, commercial finance and banking. Most recently, Joe worked at a Connecticut Community Bank where he supported small businesses with a particular focus on family-owned manufacturing companies. Joe earned his bachelor’s in finance from Babson College, a master’s in International Affairs from Ohio University and he served as a U.S. Peace Corps Volunteer in the Dominican Republic.