BNC Entrepreneur Event Financing Options for Startups

Host: Business Network Chicago

Date: Wednesday, January 14, 2009

Time: 08:30 AM - 11:00 AM

Location: Wachovia Securities 222 South Riverside Plaza, 3rd Floor, Chicago

Cost: $15 pre-register, $20 at door

Instruction: Sign up online by 1/13

Contact: Susan Barahia at entrepreneur_group@bnchicago.org or 312-371-3786

Find out what a banker looks for in order to finance a small business Although the projected cash flow report and income statement are usually placed at the end of a business plan, a banker considering whether to finance a small business will spend a majority of his time reviewing these documents. Join Reid Mackin of the Illinois SDBC as he discusses the seven C's that lenders and investors look for: Credit Capacity Capital Collateral Character Conditions Commitment We will discuss the importance of projected cash flow report, income statement and how to prepare these documents We will also discuss the differences between lenders and investors, and what factors a lender considers when potentially financing a small business. After the presentation, we will hold a discussion forum where attendees can ask questions to the presenter as well as other financial resource experts at hand.
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