Show Me The Money! Help Us, Help You Crack The Loan Process
Wed, May 25
|Zoom
This 3-part Zoom series will provide the in-depth, nitty-gritty information your business will need to know to prepare a loan application with the Feed The Hunger Fund.
Time & Location
May 25, 2022, 11:30 AM – Jun 08, 2022, 12:30 PM
Zoom
About the Event
Show Me The Money! Help Us, Help You Crack The Loan Process
This 3-part series will provide the in-depth, nitty-gritty information your business will need to know to prepare a loan application with the Feed The Hunger Fund.
Part 1 (Wednesday, May 25, 11:30 am – 12:30 pm HST) Good Debt, Bad Debt - Is a Loan Right for Me?
Understanding GOOD debt
- When should I take out a loan?
- What type of debt is available?
- What are you paying on interest rate?
Part 2 (Wednesday, June 1, 11:30 am – 12:30 pm HST) Understanding Underwriting
What are the factors that lenders consider when underwriting a loan
Key Risk rating matrix factors
- Cash flow
- Collateral
- Debt Service Coverage and Liquidity ratios
Part 3 (Wednesday, June 8, 11:30 am – 12:30 pm HST) Don't let the Loan Application scare you!
Walk step by step through the documents needed for a loan application
- Projections
- Monthly Budget
- Credit Report/Score
- Taxes
- Letter of Declination
Join our presenters from the Feed the Hunger Fund (CDFI - Community Development Financial Institution) :
- Aaron Ellis, Senior Loan Officer
- Eric Bowman, Loan Officer
- Shandis Ching, Business Development Specialist
Followed by a 15-minute Question-and-Answer session