ACCESS Webinar

A Conversation on Traditional Financing
Part I: Securing A Loan

Presenter

Farrand Logan

First Senior Vice President & Chief Lending Officer, Citizens Trust Bank

Loan Approval Tips

  • Adequate Capital (Skin in the game)
  • Clear Proforma (Defined operating deficits)
  • Collateral (Secondary source of repayment)
  • Avoid 3 Common Missteps

    • Failure to engage an external CPA
    • Poor articulation of the financial need
    • Not showing passion or belief in your business

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