Given the current state of the economy, access to this capital is crucial for companies in our industry,
Robert Maricich, President and CEO, World Market Center Las Vegas

The Las Vegas Furniture Market will host the U.S. Small Business Administration (SBA) at a workshop during the Fall Market, Sept. 14 – 17. SBA experts will give Market attendees the information and the tools needed to access millions of dollars in low interest and no interest loans. The program is meant to directly assist retailers during these challenging economic times.

Dubbed "Money Market," this informative session will educate Market attendees on how they can access up to $4 million for fixed asset financing, $2 million for working capital loans and lesser loans for smaller business needs. The program also will cover all of the many SBA loan programs available, who is eligible and how to apply. Immediately following the presentation, counselors will provide one-on-one assistance with the application process and information on how to best access these funds through accredited local banking institutions.

"Given the current state of the economy, access to this capital is crucial for companies in our industry," said Robert Maricich, World Market Center Las Vegas President and Chief Executive Officer. "It is always our goal to help our partners thrive and we are confident that the ‘Money Market’ will offer keen insight into how retailers can boost cash flow and grow their businesses both in the short and long terms."

"Money Market" will focus on Loan Guarantee Programs and how the SBA can help provide access to capital at very favorable conditions, including the $350 million set aside from ARC loans, offered as part of the Recovery Act; the 504 Loan Program, which provides funds for long-term fixed asset financing; and, the 7(A) Program, which provides loans of up to $2 million for working capital.

To register for "Money Market" in advance, e-mail money@lasvegasmarket.com. Attendees can also register onsite at the National Home Furnishings Month Retailer Activation Center on the fourth floor of Building C from 8 a.m. – 1:30 p.m. on Monday, Sept. 14. The session will take place at 2 p.m. on Monday in Building C-412.