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Friday
01
JUN

A Crash Course In Business Financing

12:00
13:00
Larimer SBDC
Event organized by Larimer SBDC

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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

Bring your lunch and enjoy speaker, Shannon Richardson!

Venue

Larimer SBDC