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This is an online event.About SCORE
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide. SCORE is a resource partner of the U.S. Small Business Administration (SBA).
SCORE is headquartered in Herndon, VA and Washington, DC and has over 300 chapters throughout the United States and its territories with 10,000 + volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. SCORE was founded in 1964.
You’re starting a new business or possibly expanding your existing business. You realize you will need additional capital to accomplish your objectives. What is the best way to prepare for that meeting with your banker?
Answer: View your business as your banker sees it.
Is your idea “on track” with standard metrics of the day for your business or industry? How many of the “Six C’s” of credit – the basic test bankers always seem to fall back on – do you meet or exceed? Does your plan “pen out” and beyond financials, are you ready to take on this new obligation?
Along the way, you’ll learn about different forms of loans available for different specific business funding needs and you’ll be armed with firsthand knowledge about lenders’ requirements. In short, you’ll be better able to articulate your position and need in advance of any formal loan meeting.
So join us for a free SCORE webinar, sponsored by Craft3, to gain an insight in how your banker will evaluate your commercial loan application and business plan.
Use the “REGISTER HERE” button below for confirmation and webinar login information. We also encourage you to register for free SCORE Business Mentoring using this link.
