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SUMMARY:Let's Talk: Loans to Small Businesses w. Assistance -Seminar
DESCRIPTION:Let's Talk: Loans to Small Businesses with Assistance from the Small Business Association \n\nEDUCATIONAL SEMINAR\n\n\n\n\n\n\n\nMay 5\, 2020 | 1pm to 2:30 pm \n\nPRESENTED BY:\n\nSCORE OF DELAWARE & CHESTER COUNTIES\n\nIn Partnership with Western Chester County Chamber & Downingtown-Thorndale Chamber\n\n \n\nJoin Kimberly B. Stout\, Economic Development & Lender Relations Specialist with the U.S. Small Business Administration (SBA) Philadelphia District Office\, as she discusses small business loans. In her current role\, Kimberly is responsible for promoting the SBA lending programs and maintaining a network of collaborative partners to assist\, promote\, and protect small businesses.\n\n\n\n As a small business\, sometimes receiving "financing" (borrowed money) is called "getting credit" and a bank is said to "extend credit" to a loan recipient. This workshop will help you prepare to become credit ready and discuss new and existing sources of business funding. Topics covered will include:\n\n\n What lenders look for in a loan applicant (the "Five C's of Credit")\n What a credit score is and why it matters\n What's included in a loan application\, including the importance of a Business Plan and cash flow projections and assumptions\, AND avoiding predatory lending practice\n Updates on SBA Disaster Assistance due to COVID-19.\n\n\nREGISTER HERE\n\n\n\nSpeaker: Kim Stout \n\nKimberly is an Economic Development & Lender Relations Specialist. She joined the U.S. Small Business Administration (SBA) Philadelphia District Office in October 2013.\n\nAs an Economic Development & Lender Relations Specialist\, Kimberly will be responsible for promoting the SBA lending programs and maintaining a network of collaborative partners to assist\, promote and protect small businesses. \n\nPrior to joining the SBA team in October 2013\, Kimberly worked as a Business Development Director for Community Action Development Corporation of Allentown. \n\nShe trained and mentored small business owners and aspiring entrepreneurs on how to start and operate a small business focusing in the areas of business planning\, marketing and financial assistance. Stout gained her small business experience while owning and operating a restaurant in Shippensburg\, PA. Kimberly earned her bachelor's degree in Geography/Regional Development and a master's degree in Organizational Development and Leadership from Shippensburg University of Pennsylvania. \n\n\n\n\n\n\n\nIN PARTNERSHIP WITH:
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\nLet'\;s Talk: Loans to Small Businesses with Assistance from the Small Business Association \;
\nEDUCATIONAL SEMINAR
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\nMay 5\, 2020 | 1pm to 2:30 pm \;
\nPRESENTED BY:
\nSCORE OF DELAWARE &\; CHESTER COUNTIES
\nIn Partnership with Western Chester County Chamber &\; Downingtown-Thorndale Chamber
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Join Kimberly B. Stout\, Economic Development &\; Lender Relations Specialist with the U.S. Small Business Administration (SBA) Philadelphia District Office\, as she discusses small business loans. In her current role\, Kimberly is responsible for promoting the SBA lending programs and maintaining a network of collaborative partners to assist\, promote\, and protect small businesses.
\n \;As a small business\, sometimes receiving &ldquo\;financing&rdquo\; (borrowed money) is called &ldquo\;getting credit&rdquo\; and a bank is said to &ldquo\;extend credit&rdquo\; to a loan recipient. \; This workshop will help you prepare to become credit ready and discuss new and existing sources of business funding. \; Topics covered will include:
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