April 25th, Financing Solutions #2: Small Business Lending-What Banks Look For

Event description

Free Score Webinar Series

As a business owner, you wear many hats, starting with creating a product or service that resonates with your customers. What about everything else? That’s where this series comes in.

Each month we deliver 4 workshops on a topic; from marketing to accounting, and everything in between. Each 1-hour session has plenty of time to discuss your business challenges with the group.

P.S., You’ll get more out of it if you come to all four. We've even given you sign-ups below for all of them to make it easier.

This Month’s Module: Financing Solutions for Your Business

Explore a world of endless possibilities. Elevate your business funding game with our Inspiring 4-Part series. Learn the basics of a financial health check, delve into lender perspectives, and unlock the keys to crowdfunding and grants. Experience the transformative power of growth through leverage by coming to this 4-part series on financing your business.

This Session: Financing Solutions #2: Small Business Lending-What Banks Look For

Are you interested in applying for a business loan, but don’t know what to expect?  Many business owners can feel intimidated or overwhelmed when considering the prospect of working with a bank.  In this webinar, you’ll hear directly from the source about what to expect.  Steven Taylor, VP, Business Banking Officer with Liberty Bank, will share how he evaluates small businesses when they apply for a loan.  He’ll teach you the key steps you need to take to prepare for the application process and discussions with your bank.

Key Takeaways:

• Learn why banks focus on The Three C’s - Credit, Collateral and Cash Flow
• Different lending products and which ones are right for your business
• The importance of personal guarantees by business owners

If you want the expert opinion on what it takes to be successful when applying for your bank loan, this webinar is just what you need.  Sign up today!

Series Presenters:

Presenter: Steven Taylor, VP, Business Banking Officer

As a VP, Business Banking Officer, Steven is in charge of liaising with clients / prospects ensuring they receive prompt and efficient service.  Steven has been in banking since 2008 with branch management roles, including sales, service, operations and employee development.  Steven is a 2014 Quest graduate through Leadership Greater Hartford, 2015 Hartford Business Journal, 40 under Forty honoree, and 2015 100 Men of Color honoree. 

Steven coaches youth football and basketball in Windsor where he resides with his two children, Chloe and Steven Jr.

Co-Host: Kathleen Thompson, SCORE mentor

Kathleen Thompson is a professionally trained singer and public speaker. She gained experience leading through change and communicating in difficult situations with 7 mergers and acquisitions. Kathleen now writes and produces her own music. She’s been a Score volunteer for 5 years. Kathleen also coaches people to develop their story and voice so that what others hear is what they intended to say. Her unique blend of story crafting and voice techniques help you not only tell a better story, but also tell a story better. You can find her at https://kathleenannthompson.com/

Co-host: Steve Mahoney, SCORE mentor

Steve Mahoney is a certified mentor with SCORE Greater Hartford. He has over twenty years of experience in financial planning, budgeting, financial analysis, strategic planning, accounting and auditing. He has experience with large and small organizations, working across multiple disciplines including Finance, Legal, HR, Communications, and Business Operations.

Social media links: 

https://www.linkedin.com/in/stephen-mahoney-0a46a112