Michigan Business Beat | Laketa L. Henderson, Small Business Administration, Small Business

Chris Holman welcomes Laketa L. Henderson, Michigan District Director, Small Business Administration, Detroit, MI. Laketa L. Henderson, SBA Michigan District Director, joined Michigan Business Beat to discuss the Small Business Administration's role in supporting small businesses across Michigan through free resources including access to capital, counseling, technical assistance, and contracting support. The SBA funds several programs in Michigan, including Small Business Development Centers, three Women's Business Centers, and a Veterans Business Outreach Center, while also working to extend these resources to underserved areas outside of southeastern Michigan. Henderson identified access to capital and financial literacy as her top priorities for the coming year, highlighting the SBA's loan guarantee programs as a critical tool for small businesses that might not otherwise qualify for financing. She also expressed optimism about the incoming SBA administrator under the new Trump administration, noting that the nominee's background as a small business owner would bring valuable firsthand perspective to agency leadership. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN’s YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/