Thursday, June 2, 2016

12:00 – 1:00 PM

Presenter: Shannon Richardson – Community Banks of Colorado

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
This is a FREE event, but pre-registration is required