10-04-17 How To Prep & Pitch Your Loan
Wednesday, October 4, 2017
12:00 pm - 1:00 pm
Are you going to be seeking financing for your business? Whether it is an existing business or a brand new start-up, there are several things you need to know BEFORE you approach a lender. We're bringing in John Berkhausen of Cache Bank & Trust to give you the rundown of what you need to know. Bring your lunch and join us to learn:What Are Your Choices?
- Microloan, SBA, Conventional Bank Loan
- Overview and comparison of different loan types
Preparing to Approach Your Lender
- Credit scores (FICO) and how to repair if needed
- Understanding your financials-Balance Sheet, Income Statement, Cash Flow Statement
- What are the 5 C's of Credit?
- What are the expectations for...Capital Injection (owner's investment), Cash Flow (what is cash flow), Required Documents, Timeline (turnaround
time) and Costs
Our Instructor
John Berkhausen
Cache Bank & TrustSenior Vice President
Logistics
Payments: This is a free event, but pre-registration is required.
Lunch-and-Learn: Bring your lunch, pick up some great tips!
Lunch-and-Learn: Bring your lunch, pick up some great tips!