EDCM Training Program
April 25th, 2019
Bangor Savings Bank, Augusta
Small Business Financing for your Community
Economic developers require knowledge in a variety of disciplines in order to assist their business clients. One specific area of need for many businesses is access to capital. As a result, economic developers need to understand the capital requirements that businesses face, the ways in which these businesses can access capital from lenders, and the methods that these lenders utilize in qualifying loan requests.
Small Business Financing Essentials for your Community is a one-day training program that will provide vital information to individuals whose clients and prospects need financing for their businesses. After attending this program, participants will be able to identify the types of information that bankers and other lenders require before committing financial resources to a business project. Attendees will also learn how to interpret basic financial information and to identify what questions need to be asked of business owners. The objective of this program is to provide the tools that can be used to assist healthy businesses with their financing requirements. Growing businesses provide economic opportunities not only for business owners, but also for employees and communities.
Thank you to our annual sponsor Maine Technology Institute