Alumni

Bank Financing Today: What's New and What Has Not Changed

Entrepreneurial Roundtable

May 21, 2012: 6:30 PM - 8:45 PM

The good news is that banks are lending again to mid-sized and small businesses. The challenge is dealing with a banking environment where banks are very selective in their commercial lending practices. Join us as three experts in debt financing for mid-sized and small businesses talk about what it takes to get a commercial loan today.

Where

Northern Illinois University - Naperville Campus
First Floor Lobby & Auditorium
1120 East Diehl Road
Naperville, Illinois

Driving Directions:

Take Naperville Road exit from I-88.  At bottom of exit ramp, turn south (left turn if coming from the East) and go to "T" at Diehl Road.  Turn right onto Diehl Road.  Go 2-3 blocks, NIU-Naperville will be on left - across from the Hampton Inn.  Turn left onto drive at west end of NIU-Naperville facility.  Park in rear and enter center doors.  Registration desk is just inside doors.

Event Details

The good news is that banks are lending again to mid-sized and small businesses. The challenge is dealing with a banking environment where banks are very selective in their commercial lending practices. Join us as three experts in debt financing for mid-sized and small businesses talk about what it takes to get a commercial loan today.

Our panel of experts will discuss the practical side of getting a loan today:

1. The information that the bank (or other lender) will be seeking
2. How your loan application will be evaluated
3. Questions that you should be asking potential lending sources in today's marketplace
4. Determining the type(s) of financing that are most appropriate for your situation
5. Why an SBA loan or factoring may or may not be suitable for you

Walt Garside, Vice President, Commercial Lending for American Chartered Bank, has decades of experience putting together loan packages for mid-sized businesses.

Trevor Morgan is President of Prairie Business Credit, which engages in factoring (providing financing through the purchase of accounts receivable) for rapidly-growing companies

Tom Huffman, Sr. Vice President of Wintrust SBA Lending, provides SBA loans for purchasing real estate and equipment, financing partner buyouts and refinancing existing debt.

Cost

Price:  $25.00 for general public;  $20.00 for Chicago Booth alumni, students and faculty.  

Save $5.00 if register by May 16th.

Registration

Register Online

Save $5.00 if register by May 16th.

Deadline: 5/21/2012

Program

6:30 PM-7:15 PM: Networking & light refreshments

7:15 PM-8:45 PM: Program with speakers

Questions

Bill Wentz, '88 
Roundtable Chair
6303441119

Contact Us