SBA to Z - THE BASICS OF SBA LENDING

Date and Time

Wednesday Oct 26, 2016
3:00 PM - 5:00 PM EDT

Wednesday, October 26, 2016
3:00 pm to 5:00 pm

Location

GVSU Bicycle Factory Building
201 Front Ave SW
Grand Rapids, MI 49504

201 Front Ave SW Grand Rapids MI 49504

Fees/Admission

FREE
Registration required
https://grandrapids.score.org/localworkshops

Website

SCORE

Contact Information

Ken Baker - Workshop Chair
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Description

This workshop is aimed at providing information on the components of a business loan proposal, on business lending from a banker’s prospective and on the SBA’s Guaranty Loan Program. The role of the bank and the SBA in the loan process will be discussed. Current SBA small business financing programs will be presented.

The workshop will cover the following:

Benefits of the SBA
SBA Loan Programs
7(a) Lending Parameters
Determining Eligibility
Credit Considerations
Use of Proceeds
Applying to the SBA
Other 7(a) Programs
Lender Resources

The workshop is sponsored by the Grand Rapids chapter of SCORE and will be presented by Mr. Brian Picarazzi, Senior Area Manager of the SBA and Ms. Lindsay Spitler, AVP Specialty Lending Group of Fifth Third Bank.