What Lenders Look for in Creating Business/MCE Funding - In-Person & Virtual | Micro Loans for Business Owners and Entrepreneurs in MD

What Lenders Look for in Creating Business/MCE Funding – In-Person & Virtual

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What Lenders Look for in Creating Business/MCE Funding

This class is free and everyone is welcome! Bring your lunch.

Date: Wednesday, April 24th, 2024 – Noon – 1pm

Location: Community Foundation of the Eastern Shore, 1324 Belmont Avenue, Suite 401, Salisbury, MD 21804

Speaker: Lydia Faleye, Banking Officer, Financial Wellness Leader/Truist

This session will focus on the critical factors lenders consider when evaluating business loans, focusing on the 5 “C’s” of credit. We’ll guide you through the borrowing process, providing insights on how to craft an effective business borrowing profile. Additionally, we’ll discuss the next steps to take after receiving a financing decision. This class is ideal for entrepreneurs seeking to understand the lending landscape and prepare for successful business financing.

Topics:

The 5 “C’s” of credit
The borrowing process
What you need to create your business borrowing profile
Next steps after a financing decision

Date: April 24, 2024

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