Aug 7, 2024 Wednesday Aug 7 6:00 PM to 7:00 PM
Small Business Financing: What You Need to Know
Join the Idaho Small Business Development Center and Rob Atkins from Region IV Development for our Small Business Financing training. Finding financing may be the key to expanding your business and providing your unique products/services to more customers. But the process can be confusing and intimidating.
We're here to demystify it.
In this training, we’ll go over:
- Preparation Before Approaching Banks: Understand the crucial steps and documentation you need to have in order before initiating a conversation with a bank.
- Questions for Commercial Lenders: Learn the essential questions to ask commercial lenders to ensure you have all the information you need to make informed decisions.
- Types of Loans: Gain insights into the various types of loans available for small businesses and identify which ones are most suitable for your needs.
- Cash Flow Essentials: Delve into the concept of cash flow, including how it is calculated and its significance in the loan application process.
- Understanding and Managing Risk: Explore how risk is analyzed by lenders and identify the various risks associated with running a business
Why Attend:
- Gain a comprehensive understanding of the financing process
- Increase your chances of securing the right type of loan
- Network with other business owners and professionals
- And identify your next steps
Meet Your Trainer
Rob Atkins
Region IV Development Association,
Loan Division Manager
I grew up on the family farm in Buhl, ID and received my education at the University of Idaho. After working in the banking industry in Eastern Washington for 13 years, our family moved back home to Twin Falls, ID in 1997. I then worked for Wells Fargo for 23 years providing credit, cash management, and deposit services to an outstanding client base. I now work for Region IV Development providing lending solutions to small business owners. I enjoy meeting people, analyzing financial information, and most of all I love helping solve credit needs for business owners. Rather than compete with other banks, I now have the positive opportunity to partner with them for the benefit of new and existing business owners.
