Wed 11/1/23, 11:30 am – 1:00 pm
IN-PERSON at Innovate New Albany, 8000 Walton Pkwy, Suite 200, New Albany, OH 43054
Be ready to interact with our presenter, Paul Collinsworth, and your fellow participants.
Please arrive at 11:30 am. Eat. Mingle. Make new friends.
Please join Paul Collinsworth of Huntington National Bank for this practical TIGER Talk about financing the growth of your business with loaned capital from the US Small Business Administration (SBA), including: its advantages, when to consider using it, and how to and how to be successful when using it.
Who Should Attend:
- Anyone interested in starting a business, either franchise or non-franchise business.
- Anyone interested in purchasing an existing business. Either a franchise or non-franchise
- Anyone interested in “buying out” a business partner.
- Anyone interested in recapitalizing their business.
- Leaders of businesses experiencing rapid growth.
- Leaders of businesses that are leasing their space & are considering purchasing RE to house their operation.
Key Takeaways:
- When SBA loans are the right tool to purchase or grow a business.
- The preparation needed, if you’re aiming to purchase am existing business.
- The preparation needed, if you want to start a business.
- What banks are looking for when evaluating businesses that are seeking loans.
- How to succeed in securing & using SBA loaned capital.
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Paul Collinsworth is a VP, SBA Lender with Huntington National Bank. Huntington is the nation’s #1 SBA lender. Paul has focused on SBA lending since 2016.
Prior to that, Paul spent 6 years at Huntington in Middle Market lending to larger institutions and businesses. And previously, he spent 10 years as a Business Banker working with small businesses.
In the 1990s, Paul worked as a loan officer at the U.S. Small Business Administration. Today, as an SBA Lender with Huntington, he routinely finances: business acquisitions, start-up business loans, partner buy-outs, businesses in need of working capital, and businesses needing capital to finance the acquisition of real estate and/or equipment.
Paul earned his BA in Economics at Kenyon College and his MBA in Finance at The Ohio State University.
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Like all TIGER Events, this one is FREE.
Timeline:
11:30 am – Lunch / Socializing
11:50 am – Introduce yourself to our crowd (your “15 Seconds of Fame”)
12:05 pm – Hand-off to Paul
1:00 pm – Wrap / More Socializing
[expire-content date=”2023-11-1 1:00pm” message=”This event has passed so registration is closed.”]