This class navigates the complex landscape of funding options available to small businesses, including grants, loans, lines of credit, self-investment, angel investors, venture capital avenues, and crowdfunding. It addresses common barriers small businesses face in securing funding and offers strategies to overcome these obstacles.
Learning Objectives:
Explore various funding options available to small businesses.
Understand common barriers to securing funding and strategies to overcome them.
Prepare loan packages, including financial documents and pitches.
Emphasize transparency, realistic projections, and a clear value proposition.
Communicate business potential effectively to secure funding.
Engage in interactive sessions to enhance chances of securing necessary funding.
Learn from a certified commercial lender through the American Bankers Association.
Reasonable accommodations for persons with disabilities and language assistance services are available for limited English proficient individuals. Please notify Marcela Mendoza at mmendoza-palacios@wesst.org when you register for the class, or no later than 24 hours prior to your class, so that WESST can make sure necessary accommodations are available. All programs and services are provided to the public on a nondiscriminatory basis.
Speaker(s): Letticia Flores-Poole, Senior Regional Manager, BMO Letticia Flores Poole is a Senior, Regional Manager, U.S. Zero Barriers to Business program, where she is responsible for supporting the bank’s strategy to assist Latino and Hispanic business owners with access to capital, educational resources and meaningful networking opportunities across BMO Bank, N.A. U.S. footprint and specifically within its Chicago North and Arizona regions. Letticia possesses 25+ years of banking leadership and management experience homed in the personal and business banking industry. In her prior role, as Regional Manager, Bank at Work, Letticia consistently ranked as one of the top performers and displayed a real passion for supporting small businesses, which led to the work that she does today. Letticia is an ignitor, but she is also part therapist, part advisor, part mentor, and part motivational speaker to her colleagues and clients. Letticia serves as the Illinois Chapter Chair of BMO Latino Alliance employee resource group and
Co-Sponsor(s): Made possible through funding from the State Small Business Credit Initiative (SSBCI) Technical Assistance Program managed by the New Mexico Economic Development Department’s JEDI Office and in partnership with BMO Bank, N.A. U.S.
Please Note: THIS CLASS IS BEING OFFERED ONLINE. AN INTERNET CONNECTION AND A COMPUTER (or highly capable tablet-type device) ARE NECESSARY. Video conferencing instructions will be sent to you after you have registered for the class. This training class will be delivered in English.
Fee: No Cost