Money Smart Week Business Lending Seminar

 

Paul Porter, MB North Riverside Banking Center and the Berwyn Development Corporation are hosting a Business Lending Seminar on Tues., April 26 from 6:30 p.m. – 7:45 p.m. at the Berwyn Public Library. Steven Grabavoy, Vice President, Business Banking, will be presenting on the topic of Business Lending as part of Money Smart Week Illinois.  Money Smart Week helps promote personal financial literacy by providing six days of focused presentations designed to help consumers learn to better manage their personal finances.  Below is the agenda for the seminar:

1. Preparation
   • Business Lending Basics
   • Preparing to start the Business Lending Process
   • Documentation
   • Accion
   • Score
2. Meeting with the professionals
   • Accountants
   • Bankers
   • Lawyers
   • City Officials
3. Loan Process
   • Documentation
   • Collateral
   • Fees
   • Timeline
4. Approval/Denial
   • Credit
   • Loan to Value
   • Environmental
5. Repayment
6. Questions

• 15-years’ experience with Banking and Financial Services
• Focuses solely on building and maintaining business relationships in Chicagoland
• Primary geographic region is serving West Chicago Suburbs
• Expertise in both commercial lending and treasury management products
• Expertise in Closely held family businesses