• Welcome to the Sullivan County Chamber of Commerce & Industry, Inc.

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  • Tips for A Successful Loan Application Package

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    Name: Tips for A Successful Loan Application Package
    Date: February 13, 2018
    Time: 6:00 PM - 8:00 PM EST
    Event Description:
    Let’s get it done – don’t let the loan application process scare you! Come learn the essential components of completing a loan package. Learn about what lenders are looking for and how to increase your chances of getting funding with a strong application that rocks! Pre-requisite for all attendees: Prior to the workshop, attendees should get a copy of their personal credit report www.annualcreditreport.com so they know their individual credit situation. Attendees need to have a plan on exactly how much money they need/want to borrow and what exactly these funds will be used for; how will this borrowed money help them to establish or grow their business. Attendees will need to bring to the workshop: Completed Business Plan or Summary along with 12 month cash flow projections Two years of Federal personal and/or business tax returns Last paystub and/or proof of any other source of income 3 most recent months of personal bank statements (all pages for all accounts) Business Organizational Documents and Business Certificate Photocopy of ID (driver’s license, passport, resident card etc.) Additional documents for Existing Business (more than 12 months) 3 most recent months of business bank statements (all pages for all accounts) Two years of Federal Business tax returns Attendees will be completing the following during the workshop: Completed and signed Loan Application form Detailed Budget for use of loan proceeds and proof of equity Household Income statement Personal Financial Statement We are very fortunate to have speaker Simone Obermaier, Senior VP, Lending at Community Capital New York running this comprehensive workshop for WEDC. We are limiting this workshop to 15 attendees. The registration fee ($10) is nonrefundable.
    Think Dutchess Alliance for Business 3 Neptune Road Suite A21 Poughkeepsie, NY 12601
    Date/Time Information:
    02/13/2018 / 6pm-8pm
    Contact Information:
    Cynthia Marsh-Croll 845-363-6432
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