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Small Business Lending 101

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This workshop will help you identify if and when you should consider a small business loan. We’ll talk about what it means to be a qualified loan candidate, cover the five C’s of credit and outline the steps you can take to prepare and secure a loan.

We will also talk about how to determine what kind of loan is the best fit for you: a government-backed SBA loan, a loan or line of credit from a bank or other financial institution, a cash advance from a merchant services provider, or a loan from an alternative lender.

This workshop will be taught by Pam DiPietro Hale, Vice President, Commercial Lending, Norway Savings Bank

When: Thursday, January 24, 9:00-10:30am

This workshop will be held at the Marine Trade Center, located at 2 Portland Fish Pier, in the 2nd floor conference room (next to CEI’s offices). There are 3-hour visitor parking spots available in the drive-up circle, as well as 2-hour and 30-minute visitor spots next to the building. Street parking is also available on Commercial St. Please do not park elsewhere on the Fish Pier as you risk being ticketed or towed.

 

Due to the COVID-19 Pandemic CEI offices are closed to the public. CEI staff will be working remotely and want to hear from you! Please reach out to your CEI contact regarding scheduled meetings and/or any questions/concerns. Click here for a list of COVID-19 Business Resources.
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