10-15-19 A Crash Course in Business Financing
Tuesday, October 15, 2019
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
We will provide lunch while you enjoy speaker, John Berkhausen!
Our Instructor:
John Berkhausen
Cache Bank & Trust
Logistics
Payments: This is a FREE event. Please register online.