Basics of an SBA-Backed Loan Package
Date and time
-
Organizer
SCORE Westchester
ch.admin0306@scorevolunteer.org
914-267-6570
Host organization
SCORE Westchester, Ossining Riverworks, Greater Ossining Chamber of Commerce
Type of event
Resource Partner event
Event description
Basics of an SBA-Backed Loan Package
FREE IN-PERSON WORKSHOP
Tuesday, April 16, 2024 | 6:00 to 8:00pm
Location: Ossining Riverworks, 30 State St, Ossining NY
OVERVIEW
This free workshop will give an overview of how the SBA can help you secure a loan for various uses such as working capital, equipment, real estate and inventory. We’ll discuss topics such as how loan officers make decisions, what documents you’ll need and the SBA’s role in the loan process.
TAKEAWAYS FROM THSS WEBINAR:
- Types of loans
- Basic risk underwriting principles
- The Five Cs of Credit (Capacity, Character, Capital, Collateral, Conditions)
- Factors lenders use to make credit decisions
- Uses and application of funds
- Industry outlook
- SBA’s role in the lending process
PRESENTER:
Adi Israeli brings a wealth of expertise in SBA process management and commercial lending. He graduated with an MBA from Baruch College and a BA in Economics from Lehman College and possesses comprehensive knowledge of commercial lending principles and SBA loans (Express, 7(a), and 504). Adi also managed teams providing technical assistance, loan packaging and financial analysis to entrepreneurs in his role at the New York State Small Business Development Center.
Register