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FOR FREE MENTORING


 

 500 W. Madison St., Suite 1150, Chicago, IL 60661 - 312 353 4540

Monday, October 24, 2016 from 8:45 AM to 12:00 PM

TIER 1 Workshop  4- Show me the Money:
Business Financing Options

Understand the various ways you might finance your business and how to approach friends and family, angel investors, banks and venture capitalists. Learn to prepare the documents you will need to submit for each. A guest banker will present criteria banks use to determine credit worthiness and a representative from the SBA will discuss the SBA loan guarantee program.

1. Borrower’s qualifications 
2. How do you communicate? Know how to talk to financiers.
3. Funding Sources: Where do you go to get financing?
4. SBA Guaranteed loans: All about the SBA loan guarantee program.
5. Banker’s point of view: What is a banker's take on your qualifications?
6. Follow Up and set backs: What do you do if the banks reject your application?

Presenters: 

 Mike Nikolich is an entrepreneur, award-wining public relations professional and founder of Tech Image, Chicago’s leading independent technology PR firm. He sold his agency to SmithBucklin in 2007 and currently is working on his MBA degree at Northern Illinois University. 

Banker: Margaret Griffin joined Ridgestone Bank's SBA commercial lending team in March, 2012.  She has more than 25 years in banking, 15 of which have been in the turnaround workout industry.  The concentration of her clients has been in the industries of manufacturing, equipment leasing, construction, real estate and healthcare.   Griffin owned her own consulting and financial advising firm for 10 years and provides Ridgestone with expertise in offering finance options to commercial customers.  

Bob EsquivelChief of Lender Relations, has been with the SBA since 1988. Mr. Esquivel directs and coordinates Lender Relations Specialist in evaluating Lender services and promoting the District financing programs, including 7(a) general business loans, 504 loans, Export revolving lines of credit and all other loan programs implemented by the Agency. Prior to working for the SBA, he was a Vice President of a local community  bank in Chicago, where he had worked for fourteen (14) years.

David Johnson from Accion David attended North Central College and studied Economics and International Business, He also was a part of North Central’s Model United Nations team

Registration Fee $50.00

Register Now!