More About What Bankers Want to See in a Business Plan
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
No cost
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
No cost
Date & Time
April 18, 2023
10:00am - 11:00am
Location
Virtual
Live Zoom
Grayslake, IL 60030
Contact Info
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More About Illinois Small Business Development Center
The mission of the Illinois Small Business Development and International Trade Center is to assist in job creation, support entrepreneurship, business start-up, domestic and global expansion, productivity, and strengthen Lake County’s small business community. The SBDC/ITC at the College of Lake County accomplishes this through no-cost, confidential one-on-one advising, low-cost workshops, networking opportunities and business development expertise.
Additional Details
Location
Illinois Small Business Development Center
College of Lake County
Grayslake, Illinois 60030
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