On June 11, 2009 we collected an impressive array of organizations whose goal is to support the growth and development of businesses in Philadelphia and the tri-state area. The event was as a Success within the first ten minutes. Almost 70 businesses were able to ask business loan questions of the people who could give the answers. The October 29, 2009 event will be even better.
Qualified Borrowers from throughout the Philadelphia Tri-State region are invited.
ARE YOU A QUALIFIED BORROWER? Take this quiz to find out:
For a business loan
size $500- $35,000:
Do you have a business plan?
Has your business been operating for 2+ years?
Do you have existing contracts?
For a business loan
size $35,000 - $10,000,000:
Has you business been operating for 3+ years?
Do you have govt. or institutional contracts?
Are you revenues in excess of $750,000?
If you answered YES to
at least one of the above and can
answer YES to these three
questions:
Do you have a credit score of 600 or more PLUS
Do you have assets such as receivables, heavy equipment,
or property PLUS
Are you willing to fill out an application?
Exhibitors include
not-for-profit lenders, traditional banks, commercial lenders, factors, the
Small Business Administration, the State of Pennsylvania, and the City of
Philadelphia.All in one place.
Our featured speaker is John Banks, Lead Business Development Specialist, Philadelphia District Office, US Small Business Administration. John will talk about the SBA loans and loan guarantees that are included in the Recovery Plan.
What: 2nd Philly Finance Expo When: October 29, 2009 Agenda: Meet with the Lenders from 4-7 PM Where: Center City, Philadelphia Who: Business Owners
Do you want to be informed of the next Philly Finance Expo? Please sign up (below) to get on the mailing list. Thank you.
In Their Own Words
Feedback from the first Philly Finance Expo…
“I’ve been to dozens of events of this kind but this was the
best.It had the most appropriate
audience, a good turnout, and a good match between candidates and lenders.”
Claire-Amy Heinhold,
Business Development Representative, Riviera Finance
We’re working with a
bank that we met at the Expo! It was good to have all these different
types of lenders there and to have the opportunity to see them side by side. We were able to gauge their
personalities and compare how they approached their business relationships… it
was both interesting and informative.
Marc Coleman, President, Tactile Design Group
I agree that the event was very successful because in
general you got a more sophisticated attendee who was already in business, knew
what t hey were looking for, and asked informed questions.I look forward to your next event!
Tony Leonard, Vice
President – Market Development, Philadelphia Industrial Development Corp.
October 29 Expo Exhibitors and Loan Capacity
Firstrust Bank
$10,000 to $750,000
MATAAC
GRANTS
Up to $75000
CBAC Corporation
$1000 to $2M
JD Factors
$25,000 to $2M
WORC
$500 to $35,000
Philadelphia Industrial Development Corporation (PIDC)