Course Leaders
Ron Barkley and Hunt Coracci
Ron’s education includes completion of the University of Washington Graduate School of Banking. He has over 50 years of service in the banking industry most of which was spent reviewing loan requests for both startup and established businesses.
Hunt received his BBA from Nichols College in Dudley, MA and spent 40 years in the banking and financial services industry. His focus has been in SBA and other commercial lending and real estate.
SCORE Vancouver Thanks Columbia Bank
Our thanks to Columbia Bank for making this seminar available to our chapter and the Vancouver Business Community through a genrous grant and free use of facilities.
This SCORE seminar will walk you through the steps of how to prepare a bank loan application.
Your SCORE Course Leaders Hunt Coracci and Ron Barkley are both retired commercial lenders with over ninety combined years of banking experience. They’ll suggest resources and tools, often freely available, that will help you with the process and improve your chances to get both the loan and the terms you want.
Some takeaways from this seminar include:
- Understand how past credit history will impact a lending decision.
- How to calculate and articulate your specific lending need.
- Understand what bankers like to know about your business and learn beforehand whether your numbers will be “in the running” or not.
- A discussion of expected collateral needs to support your loan request.
- Learn what alternatives to borrowing might exist and why borrowing might be the lowest cost form of additional capital for your business.
- Understand the role of the US Small Business Administration and how may they help you get the loan your business needs.
- You’ll learn about the variety of available “loan packages” that banks may choose from.
- Hear about the free, personalized mentoring services you can expect from SCORE as you prepare a loan application.
This seminar is normally $35 per person but is being offered free to the Vancouver Business Community through the generosity of Columbia Bank. Additionally, each attendee may later personally meet with a SCORE mentor, without cost, to review your loan preparation or address other business questions you may have. To assure a superior educational experience, registration is limited to 25 attendees so please register early.
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide. SCORE is a resource partner of the U.S. Small Business Administration (SBA).
SCORE is headquartered in Herndon, VA and Washington, DC and has over 300 chapters throughout the United States and its territories with 11,000 + volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. Now celebrating its 54th year, SCORE was founded in 1964.