Navigating The Lending Process: Critical Banking Skills For Startups And Growing Businesses

Dec
2
2021
Thu 1:00 PM to 3:00 PM
Online
Topic: Financing

I am starting or growing my business, what are the next steps in the lending process?

Navigating the lending process can be difficult even for established businesses. Understanding what to expect when reviewing your financing options is critical to the success or failure of your small business. Join us to discover some of the answers that you have been searching for. How do I work with a bank? What are the steps in the lending process? What are lenders looking for? Why is my lender asking for a COVID Plan? And many more!

Take a glimpse behind the curtain, see how banks really operate

Compare and contrast lending for startups vs. established businesses

Understanding your “bankability”

Learn how to speak with a banker

Understand how banks will view your project

Lean to prepare your business plan before you present it to your banker

Become aware of pitfalls and things to avoid

This seminar has been prepared and presented by NJSBDC of Northwest Jersey specialist consultant Robert Peluso. Mr. Peluso spent his entire career of 35 years in executive leadership positions within financial, government, and non-profit sectors. His professional background encompasses various executive level positions with several regionally based banks and lending institutions. He also received an MBA specializing in finance from the Silberman College of Business at Fairleigh Dickinson University. Mr. Peluso is currently the Founder and Managing Member of North Jersey Regional Partnership, LLC. which provides management consulting, training, and financial business plans.

Attendees will have access to the presentation and a lending preparedness checklist. Time will be allocated after the presentation for Q&A.

Navigating the lending process can be difficult even for established businesses. Understanding what to expect when reviewing your financing options is critical to the success or failure of your small business. Join us to discover some of the answers that you have been searching for. How do I work with a bank? What are the steps in the lending process? What are lenders looking for? Why is my lender asking for a COVID Plan? And many more!

Speaker(s): NJSBDC of Northwest Jersey Specialist Consultant Robert Peluso


Fee: No Cost