Business World

The Office of Thrift Supervision and U.S. Small Business Administration are among sponsors of two upcoming information-sharing sessions for small business owners and lenders.

The sessions, scheduled for July 14, will be held at BlueCross BlueShield building at 257 West Genesee Street in downtown Buffalo.

The first is for lenders and will run from 8:45 a.m. to 12:30 p.m. Participants will learn how to enhance small business lending, risk mitigation, alternate sourcing of business financing and about government programs. The second session starts at 1:00 p.m. and is geared toward small business owners. Among the topics it will cover are accessing credit, government-sponsored programs and tax issues. Lenders will be on hand to work with small business owners.

“We want to focus on best practices that financial institutions have in terms of lending to small businesses that typically do not qualify for banks’ regular small business programs,” said Office of Thrift Supervision spokesman Francis Baffour payday loans guaranteed no fax.

Other sponsors include New York State Banking Department, Federal Reserve Bank of New York and the Office of the Comptroller of the Currency.

“What we are trying to do is encourage institutions to become SBA guaranteed lenders,” Baffour said.

For more information, visit the Office of Thrift Supervision Web site at http://www.ots.treas.gov/index.cfm?p=InteragencySmallBusinessLendingForumWorkshop.

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