Loan Readiness Panel (for startups and existing small businesses)

Description

Are you considering applying for a business loan but not sure where to start? Join us on Wednesday, October 14 from 12-1:30 p.m. for a practical and informative panel discussion designed to help small business owners better understand the lending process and what lenders look for when evaluating a loan application.

Whether you're preparing to apply for your first business loan, looking for financing to support growth, or simply want to better understand what it takes to become “loan -ready,” this conversation will provide actionable insights you can put to work in your business. Our panelists will share their expertise on key areas of the lending process, including:

• Preparing your finances: Learn which financial documents and information lenders typically review and how to make sure your business finances are in order before applying.
• Strengthening your business plan: Understand how a clear, realistic business plan can help communicate your goals, financial needs, and ability to repay a loan.
• Understanding credit requirements: Get a better sense of how business and personal credit may factor into the lending process and what you can do to strengthen your credit profile.
• Navigating the application process: Learn what to expect when applying for financing, from gathering documentation to communicating with lenders and responding to follow-up questions.
• Becoming loan-ready: Walk away with practical steps you can take now to prepare your business for a future financing opportunity.

The panel will feature Alex Alvarez (Evergreen Business Capital Community Finance) and Laura Gomez (Business Impact NW), who will share their perspectives and experience working with small businesses and entrepreneurs. Whether you're actively preparing a loan application or simply want to understand what lenders are looking for before you need financing, this panel is an opportunity to gain practical knowledge, ask questions, and take the next steps toward becoming loan-ready.

Join Us In Person or Online - Please RSVP Here: https://forms.gle/srNsU73UHfpia4Ct6

This will be a hybrid event, with a limited number of attendees able to participate in person at the GSBA Capitol Hill office in Seattle . In-person seating is limited to the first 20 attendees, so early registration is encouraged. Business owners and entrepreneurs from throughout the Pacific Northwest can also participate virtually online. Instructions will be provided by EBCCF after registration.