Event Sponsors
Date and Time
Wednesday Sep 10, 2014
7:30 AM - 8:30 AM CDT
Location
Fees/Admission
Website
Contact Information
Karen Schanock, Director of Programs & Events - 715-344-1940
Send Email
Description
SMALL BUSINESS X-CHANGE – September 10, 2014
Small Business X-Change meets regularly throughout the year at the Portage County Business Council office. A roundtable series of meetings that allows business owners and their employees the opportunity to discuss pertinent topics, learn from local industry leaders and, most importantly, learn from each other.
There is no cost to attend and a continental breakfast is included.
7:30-8:30 am in the Portage County Business Council Foundation Room
Topic: “Benefits of SBA Loans”
Presented by:
Richard Blue
Senior Branch Manager, Assistant Vice President
FirstMerit Bank
At this X-Change Richard will provide us these key take aways:
- Quick definitions of banking terms LTV (Loan to Value), DTI (Debit to Income), Guarantors, and more.
- Government reduces risk banks take on loans providing higher approval rates.
- Higher Loan to Value allowances
- Lower Collateral requirements
- Required documents (things to review on your documents)
- Solution for start-ups
- Process for applying for loans (in house verses sent out)
About Our Speaker: Richard Blue is Senior Branch Manager and Assistant Vice President of FirstMerit Bank in Stevens Point. He has over three years experience in guiding businesses through the SBA process.
What is the Small Business X-Change? A roundtable presentation which allows small business owners and their employees the opportunity to discuss pertinent topics, learn from local industry leaders and, most importantly, learn from each other. Small Business X-Change meets regularly throughout the year from 7:30 - 8:30am at the Portage County Business Council office.
Special THANK YOU to FirstMerit Bank, Stevens Point for their sponsorship of this program.
