Are You Bankable?
Date and time
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Location
Online
Organizer
Matin Hussainy
matin.hussainy@umass.edu
413-545-1988
Host organization
Massachusetts Small Business Development Center
Type of event
Resource Partner event
Event description
Your small business is “bankable” if a commercial bank or lending institution is willing to offer you financing, such as a loan or line of credit. Small business owners often seek financing to buy equipment or inventory, launch a new product line, open or expand retail or manufacturing operations, further grow an existing business and more. Contrary to popular belief, banks are eager to lend to small businesses. However, in order to be bankable, you need to understand your business' numbers, how to organize them for a commercial loan, and how to present your personal and business story in a compelling manner.
This workshop will be lead by Karen Baldeschwieler, Zenagos Small Business Consultant and local commercial bankers who will answer your questions and share how to:
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Think Like a Banker – Discover how financial institutions assess your bankability.
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Master Your Business Narrative – Craft a persuasive story that highlights your strengths and the opportunity.
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Navigate Financial Imperfections – Learn how to present past challenges in the best possible light.
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Prepare Your Documentation – Gather the right financial records to streamline your loan application.