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Tips on How to Complete A Successful Loan Application Package

March 6, 2017 @ 6:00 pm - 8:00 pm

$10

Let’s get it done – don’t let the loan application process scare you!

Come learn the essential components of completing a loan package. Learn about what lenders are looking for and how to increase your chances of getting funding with a strong application that rocks!

Pre-requisite for all attendees:

  • Prior to the workshop, attendees should get a copy of their personal credit report (www.annualcreditreport.com) so they know their individual credit situation
  • Attendees need to have a plan on exactly how much money they need/want to borrow and what exactly these funds will be used for; how will this borrowed money help them to establish or grow their business.
  • Attendees will need to bring to the workshop:

Completed Business Plan or Summary along with 12 month cash flow projection
Two years of Federal personal and/or business tax returns
Last paystub and/or proof of any other source of income
3 most recent months of personal bank statements (all pages for all accounts)
Business Organizational Documents and Business Certificate
Photocopy of ID (driver’s license, passport, resident card etc.)

  • Additional documents for Existing Business (more than 12 months)
    3 most recent months of business bank statements (all pages for all accounts)
    Two years of Federal Business tax returns

Attendees will be completing the following during the workshop:
Completed and signed Loan Application form
Detailed Budget for use of loan proceeds and proof of equity
Household Income statement
Personal Financial Statement

We are very fortunate to have speaker Simone Obermaier the Senior VP, Lending at Community Capital New York running this comprehensive workshop for WEDC.  We are limiting this workshop to 15 attendees so REGISTER now.

The registration fee is nonrefundable.

Details

Date:
March 6, 2017
Time:
6:00 pm - 8:00 pm
Cost:
$10
Event Category:
Website:
http://events.constantcontact.com/register/event?llr=dhf5cybab&oeidk=a07edmc81e1188565b7

Organizer

Cynthia Marsh-Croll
Phone:
845-363-6432
Email:
cmarsh-croll@wedcbiz.org
Website:
https://wedcbiz.org

Venue

WEDC MHV @ Think Dutchess Alliance For Business
3 Neptune Rd, Suite A21
Poughkeepsie, NY 12601 United States
+ Google Map
Phone:
845-363-6432