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How to Improve Your Chances of Getting Business Funding
Wednesday, 9 January 2013 from 10:30 AM to 11:30 AM (EST)
This 1 hour seminar examines and explains how best to approach the challenge of getting loan funding for your business with the insights gained by an organization which deals with the most commercially unattractive funding prospects, the Ottawa Community Loan Fund (OCLF).
Lenders are businesses like any other, providing funds to customers in return for interest charges. As with all businesses some customers are more attractive than others and some are simply undesirable.
The Ottawa Community Loan Fund is a non profit organization which arranges business loans for people with whom commercial lenders are not prepared to deal but the OCLF still has its own minimum standards.
Whatever your status, therefore, it is important to understand clearly the key factors which any lender will take into account before deciding to offer a loan and the reasons behind them. Most of them also can also be directly linked to your potential to make a success of your business.
The seminar will be led by Mark Cawley, the OCLF’s Director of Lending Operations.
Mark Cawley has over thirty years of international business experience including working for himself as well as for leading business consultancies. He has an MBA from the European Institute of Business Administration (INSEAD) and is a Certified Management Consultant.
When & Where
Invest Ottawa - Entrepreneurship
Invest Ottawa is dedicated to helping Ottawa entrepreneurs make informed decisions about starting and growing their businesses. We promote Ottawa's economy, through the development of products and services that encourage entrepreneurship and support business growth.
Invest Ottawa has a staff of dedicated business professionals, who provide advice and counsel to entrepreneurs on a variety of levels. As well, we provide links to other business organizations, seminars and entrepreneurial events, online training and many other tools and resources to assist the budding entrepreneur.
Many of our entrepreneurship initiatives are supported by two main funding partners: the City of Ottawa; the Ontario Ministry of Economic Development and Innovation; as well as four major sponsors: RBC Royal Bank; Logan Katz LLP; Low Murchison LLP; Mediaplus Advertising.