Can I Get That Business Loan? - How to Improve Your Chances
Understanding the lender’s perspective is crucial for small businesses seeking to raise debt capital, whether from community lending sources like CEDF or traditional banks and credit unions. A lack of knowledge about key principles can lead to wasted time and effort for loan applicants. By grasping these concepts, small business owners can concentrate on what truly matters to secure lending support.
What you will learn:
- Am I Seeking the Right Kind of Capital?
- Can I Pay the Loan Back Comfortably?
- Is there a Plan B if my Business Stumbles?
- Does the Lender Believe My Business Plan?
- Does the Lender Believe I Can Succeed?
Presenter: Frederick Welk
Frederick Welk is a CEDF Business Advisor and serves as Director of Business Education and Communications. He has over 30 years of experience in specialty retailing and franchise development, having operated his own company for 23 years. He also teaches various entrepreneurship courses as an adjunct lecturer at Gateway and Housatonic Community Colleges.
Sponsored by: Fairfield Library