Get An SBA-Backed Loan: Entrepreneurial Webinar Series
Session 2: February 15, 2022: 11:30 AM – 12:15 PM ET
Get an SBA-Backed Loan! – Entrepreneurial Series: The Importance of Personal and Business Credit
Too often, business owners are surprised and dismayed to learn that their personal credit still plays a role in getting financing for their business. Sometimes, it’s information provided at an inconvenient time.
Join us as we explore:
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Why it is necessary to protect/rebuild personal credit
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How to gain the trust of lenders
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The difference between personal and business credit
Session 3: March 1, 2022: 11:30 AM — 12:15 PM ET
Get an SBA-Backed Loan! — Entrepreneurial Series: The Importance of Financial Projections
A start-up business needs to understand how much cash it is going to need for that critical first year of operation. In this session we will be providing information to entrepreneurs about developing financial projections, which include start-up costs and resourceful
estimation, resulting in a more organized operation.
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The basics of industry margins
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Marketing to Customers
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How to adapt projections beyond the first year of operation
Session 4: March 15, 2022: 11:30 AM – 12:15 PM ET
Get an SBA-Backed Loan! – Entrepreneurial Series: What is Capital?
Almost all entrepreneurs need resources to start their businesses, and economic development assistance agencies typically focus on access to capital. However, what is “capital”? In this program we will explore the definition of capital and talk about the best
places to seek it, depending on what you really need.
Topics to be covered are:
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Debt
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Equity
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Working Capital
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Fixed Capital
Session 5: March 29, 2022: 11:30 AM – 12:15 PM ET
Get an SBA-Backed Loan! – Entrepreneur Series: Get Ready
This program is designed for business owners and entrepreneurs that are exploring the idea of getting financing to pay for any project. What are the pre-application steps you should take? Is there anything you can do now, to put yourself in a better position
to get a loan in 6-12 months?
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What is so great about an SBA-Backed loan?
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How much money can I get?
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Will I be approved? DSCR/Debt Capacity, Personal Credit, Character, Equity
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