What Bankers Want to See in a Business Plan

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Name: What Bankers Want to See in a Business Plan
Date: April 18, 2023
Time: 10:00 AM - 11:00 AM CDT
Event Description:
This workshop helps potential loan applicants to understand the things that lenders consider necessary for loan approval. More specifically, the workshop covers the components of a solid business plan, the documentation required to secure a loan as well as credit and equity requirements. The workshop also reviews various SBA loan programs and eligibility criteria and helps participants to understand the main reasons loans are rejected. What's Covered: • Complete Loan Package • SBA Loan Products • Five Cs of Credit • Equity Requirements • Essential Business Plan Components • Personal Budget Analysis • Calculating Debt Service Coverage • SBA Eligibility Criteria • Common Reasons Deals are not Approved
Location:
Live Zoom
Date/Time Information:
Tuesday, April 18 | 10 - 11 a.m. CDT
Contact Information:
Illinois Small Business Development and International Trade Center College of Lake County (847) 543-2033
Fees/Admission:
No cost