How to Prep & Pitch Your Loan

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 Shannon Richardson of Community Banks of Colorado 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

Speaker(s): Shannon Richardson, Community Banks of Colorado

This event is Free, but you must pre-register. PARKING: Innosphere has a parking lot directly in front of the building. There is no street parking on Vine Drive due to bike lanes. We hold many large events and parking is limited, so if parking lot is full, please make use of the overflow parking lot located just east of Innosphere behind the wooden fence.

Fee: No Cost