Chamber Events
Tips for Borrowing Money During a Disaster (Part 2)
Date and Time
Wednesday Sep 2, 2020
10:30 AM - 11:30 AM PDT
Fees/Admission
FREE WORKSHOP!
REGISTER HERE
Description
Nearly all small and medium-sized businesses have been impacted by the economics of COVID-19 over the last few months. Some companies have had to pivot and target new markets, while others have been overwhelmed by the demand for their existing products and services. The bottom line is that both situations require capital—and, the only way to get it is to ask a Lender.
During this two-part webinar series, two experienced Lenders will offer tips to help you prepare for the stress-inducing task of asking a Lender for a loan. Part I will take you through the underwriting process and point out some of the pitfalls in your financial statements that can cause a Lender to question the validity of your financial data. Part II, will cover the various types of loans and their respective purposes—as well as the why, what, and how of financial projections.
Register now to gain an in-depth understanding of loan applications, and tips for making the process easier.