Credit Fundamentals for Small Business Owners

111 Bain Street,Greensboro NC 27406

17 May, 2022

Description

In this workshop small business owners will gain insight on key factors that impact loan decisions & how to become a strong loan candidate. Description: Access to credit is one of the most important elements of small business growth, development, and sustainability. Credit Fundamentals for Small Businesses is a workshop designed to provide small business owners with details surrounding Small Business Lending from the point of inquiry and origination through to funding. Participants will gain insight on the key factors that influence loan decisions and how to become a strong loan candidate. Focus: The workshop will focus on the intricate aspects of Small Business Credit including loan preparation, loan application, approval, decline, personal credit, business credit, underwriting process, loan analysis process and bankability. Learning Outcomes: Learn strategies to get your business loans approved.Gain insight on the bank underwriting process. Increase your credit knowledge and confidence. Understand various types of loans and loan products. Know documents and details required to apply for a business loan. Instructor: Dwayne Fraser, Vice President, Business Development Officer , First National Bank