Small Biz Loans 101: What to Expect Before You Apply

AtCliffdale Library
CountyOnondaga (NY2984)
Cliffdale Library
Onondaga (NY2984)
Tel 2018-04-03
Categoria Events
Small Biz Loans 101: What to Expect Before You Apply

Small businesses need loans to start, expand, and grow. Let us help explain what to expect BEFORE you apply for a loan. This class is FREE but REGISTRATION is REQUIRED. Please register here: Do you need an inventory loan for the Holidays? Do you need a start up loan? Do you need an expansion loan? Do you want to start looking into buying property? We will cover: What are the differences between lenders? What are the differences between START UP loans and loans for EXISTING businesses? What should you prepare for before applying for a small business loan? Why is your PERSONAL credit so important to a business loan? What documents should you be gathering in preparation for a loan? How do you know if a loan is even feasible? Who can assist you LOCALLY with this process? We will also go over a list of finance terms and a glossary so to help you gather everything you need before starting the process.

If you are unsure about your personal credit you can sign up for FREE CREDIT COUNSELING at CEED. Instructor: Stuart Walters WBC Business Consultant Mr. Walters has 30 years of banking experience and is a Business Counselor for WBC at CEED. The Women’s Business Center of Fayetteville is Funded in part through a Cooperative Agreement with the US Small Business Administration. WBC Programs are extended to the public on a nondiscriminatory basis. Reasonable accommodations for person with disabilities will be made if requested at least two weeks in advance. Language assistance services are available for limited English proficient individuals please contact the center at least two weeks prior by phone 910.323.3377 ext 25 or email so we can make reasonable accommodations.

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