Behind the Lending Curtain - Part 2
Date and time
-
Location
Online
Organizer
Gwen Howze
workshop30@scorevolunteer.org
800-634-0245
Host organization
SCORE Cleveland
Type of event
Resource Partner event
Event description
Dive deeper into the business lending process in this powerful follow-up session focused on what happens after initial approval. Understanding loan commitment letters, closing procedures, funding logistics, and the ongoing review and renewal process can help small business owners avoid missteps and build stronger, long-term financial relationships with lenders.
From lien searches and appraisal requirements to closing-day expectations and the reality of loan renewals, this webinar pulls back the curtain on the lender’s timeline and responsibilities, so you can better align your strategy and communication for success.
What You’ll Learn:
- What a loan commitment letter means and how to respond to "Yes" or "Yes, but..."
- Closing day dos and don’ts, including essential documentation and timelines
- How funding works and why your preparation matters
- How annual reviews, covenants, and market factors impact renewals
- Key steps to maintain a strong borrower-lender relationship