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Event

Past Events      

AABA April 2008 Event

“ What to do when the bank says "No", and more importantly understanding why?”

Event:
Presented By: Suzy Oubre
Owner, Alliance Commercial Credit

Have you ever been turned down for business or personal financing for your company or your home? If so, you should attend this timely presentation to avoid this happening to you in future.

When the need for financing arises, business owners usually require some outside assistance from outside consultants or financial advisors. This process is not
  
always very easy for business owners to understand. Achieving a bank line of credit may seem like a no-brainer--it isn't. Many of our customers come to us after their bank has had to say "No". Oftentimes, we can repackage the customer, helping them understand what the bank wants to see and successfully place them into a bank line of credit. However, there are times when the path to a traditional bank is a two-step process.

Understanding the two-step process is very important. In this half hour presentation, Ms. Oubre will discuss some of these issues that impact your ability to obtain financing:
  • Negative Cash flow

  • Highly leveraged

  • Too much short term debt

  • Past losses

  • Current losses

  • Accelerated growth

  • Poor credit

About the speaker:

As an entrepreneur herself, Suzy Oubre understands that helping business owners require that she understand all aspects of small business ownership. She continues to educate herself daily on the complexities of business management, having provided thousands of hours of consulting on everything from sales to operations and finance. Finding a successful business solution means that Alliance Commercial Credit knows that a successful outcome can only be accomplished by successful people. Working hard, staying on track, getting results is what Suzy Oubre is all about. Her clients would agree.

At ACCG, we specialize in "secured" financing. "Secured" is a term used by lenders that means there are assets (i.e., accounts receivable, equipment, inventory, land or buildings, etc.) within a business to use as collateral to secure the loan or line of credit. The collateral will determinte the type of lender we will recommend, i.e., factor, bank, asset based. All creditors will examine cash flow closely when pricing the costs of various types of loans.

Typically, business owners require some outside assistance. When the need for financing arises, you may require the need for outside consultants or financial advisors. We will assist you in locating these professionals as a service throughout the country. ACCG helps our customers qualify for bank financing. This process is not always very easy for business owners to understand. Achieving a bank line of credit may seem like a no-brainer--it isn't. Many of our customers come to us after their bank has had to say "No". Oftentimes, we can repackage the customer, helping them understand what the bank wants to see and successfully place them into a bank line of credit. However, there are times when the path to a traditional bank is a two-step process.

Understanding the two-step process is part of our job. ACCG provides "outside-of-the-box" solutions for business owners. If your company is experiencing one or more of the following symptoms, additional financing will be extremely difficult to obtain.
  • Negative Cash flow

  • Highly leveraged

  • Too much short term debt

  • Past losses

  • Current losses

  • Accelerated growth

  • Poor credit

Date: Monday, April 7, 2008
5:30pm - 7:30pm
Location: Port of Portland
Commission Room
121 NW Everett Street
Portland, Oregon
Fee:
RSVP via PayPal or check by April 1, 2008:
$25 per person
$20 for government or non-profit employees
$40 for 2 attendees from the same organization

After April 1, 2008:
$5 more per person at the door





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