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Bank Financing Today -- What's New and What Has Not Changed

When:
Monday, May 21, 2012, 6:30 PM until 8:45 PM
Where:
Northern Illinois University - Naperville Campus (NIU).
1120 East Diehl Road
Naperville, IL  60563
Additional Info:
Category:
monthly meeting at NIU
Registration is recommended
Payment in Full In Advance Or At Event
Select correct registration type to get lowest fee
No credit cards accepted at door -- only cash & checks
Dress: business casual

The good news is that banks are lending again to mid-sized and small businesses.  The challenge is dealing with a banking environment where banks are very selective in their commercial lending practices.  Join us as three experts in debt financing for mid-sized and small businesses talk about what it takes to get a commercial loan today.

Our panel of experts will discuss the practical side of getting a loan today:

  1. The information that the bank (or other lender) will be seeking
  2. How your loan application will be evaluated
  3. Questions that you should be asking potential lending sources in today’s marketplace
  4. Determining the type(s) of financing that are most appropriate for your situation
  5. Why an SBA loan or factoring may or may not be suitable for you

Walter Garside is Vice President, Commercial Lending for American Chartered Bank has decades of experience putting together loan packages for mid-sized businesses.

Trevor Morgan, is President of Prairie Business Credit, which engages in factoring (providing financing through the purchase of accounts receivable) for rapidly-growing companies

Tom Huffman, Sr. Vice President of Wintrust SBA Lending provides SBA loans for purchasing real estate and equipment, financing partner buyouts and refinancing existing debt.