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So You Want a Bank Loan?

May 18 @ 11:00 am - 2:00 pm

This SCORE seminar will walk you through the steps of how to prepare a commercial bank loan application.

Some takeaways from this seminar include:

  • Understand how past credit history will impact a lending decision.
  • How to calculate and articulate your specific lending need.
  • Understand what bankers like to know about your business and learn beforehand if your company’s numbers will be “in the running” or not.
  • A discussion of expected collateral requirements to support your loan request.
  • Learn what alternatives to borrowing might exist and why borrowing might be the lowest cost form of additional capital for your business.
  • Understand the role of the US Small Business Administration and how may they help you get the loan your business needs.
  • You’ll learn about the variety of available “loan packages” that banks may choose from.
  • Hear about the free, personalized mentoring services you can expect from local SCORE volunteers as you prepare a loan application.

This seminar is normally $35 per person but is being offered to our Business Community through the generosity of HAPO Community Credit Union. The $10 Registration Fee covers both the seminar and a light lunch provided by the sponsor.

Additionally, each attendee may later personally meet with a SCORE mentor, without cost, to review your loan preparation or address other business questions you may have. To assure a superior educational experience, registration is limited to 40 attendees so please register early.

Details

Date:
May 18
Time:
11:00 am - 2:00 pm

Organizer

Bill Ruttledge
Phone:
(360) 545-3210
Email:
vancouver@scorevolunteer.org

Venue

HAPO Community Credit Union
13909 S.E. Mill Plain Blvd
Vancouver, WA 98683 United States
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