San Diego Gets Access to Capital

By |2017-09-14T11:21:14-07:00June 17th, 2014|

Our team at Dun & Bradstreet Credibility Corp. was thrilled with the outcome of our sixth Access to Capital event that we hosted in San Diego.

Local business owners started lining up for check-in at 7:30 am, eager to meet each other at our pre-function networking breakfast. As attendees chatted about their unique business plans, obstacles they had overcome as startups, and shared some wisdom they’d learned along the way, our panel took their seats on the stage at the front of the Marriott Marquis ballroom.

At 8:45 am, our CMO, Judy Hackett, welcomed attendees and shared her passion for connecting them with the best people to fund their business growth.  Next up was small business expert Steve Strauss, who led our panel comprised of two alternative lender representatives, Accion’s Valery Belloso and CDC’s Susan Lamping; two traditional lender representatives, Wells Fargo’s Daniel Adams and Comerica’s James Hunt; two local small business owners; and lender relations specialist Maria Hughes from the SBA.

For the next hour, the Tin Play and Mission Bay Pet Salon owners shared their stories and conversed with traditional and alternative lending panelists about the first steps in building a business, how they went about finding funding to grow, and what documents were crucial to bring to lender meetings.

A crowdfunding spotlight followed our panelist discussion.  The women of Hera Hub, Felena Hanson and Silvia Mah, joined crowdfunding expert Candace Klein to outline the importance of having a video associated with your business, posting constant updates about your firm, and asking for a specific and realistic amount when searching for equity and non-equity crowdfunding.

Finally, Amber Colley from D&B Credibility Corp., shared the basics of building business credit with the audience of small business owners, and Steve Strauss opened up the floor to a Q&A session. Audience members asked our eclectic panel many questions, including tips on hiring their first employees and how lenders view franchises.

When the learning portion of Access to Capital concluded, our 200 guests were able to meet with any of the dozens of lenders from banks and organizations, like Chase, Wells Fargo, Union Bank, Accion, and Rocket Funding. The attendees at San Diego made the list of over 2,000 business owners that Dun & Bradstreet Credibility Corp. has introduced to alternative and traditional lenders in six different cities across the nation.

We met music teachers, sports equipment enthusiasts, chefs, mobile app developers, and hair stylists in San Diego, each with a different story but all with the same dedication to their business. We’re so proud that we were able to connect these passionate people with lenders who can help them access the capital to fund their dream.

Photo Cred: Justin Brown, Flickr

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