One of the most important aspects of financing a business is the ability to have a good credit score. Your personal credit score determines whether you will qualify for a business loan. According to Consumerfinance.gov, a credit score is based on credit reporting companies, such as Equifax, Experian and TransUnion.
As an entrepreneur, your monthly income may vary and this will make if difficult to forecast projections and expenses each month. Having a financial action plan is key to reaching your goals. You can create monthly goals for planning purposes. Establishing relationships with lenders will also help with learning more about financing options and solutions.
One of the funding options is a community financial development institution (CDFI). This is an alternative to traditional bank lending. The financial management course covers financial terminology, angel investing, community development financial institutions, business and personal credit.
The instructor is Keith Butler. Butler is a licensed insurance agent and co-owner of a trucking company. He has a master's of business degree in finance and a master's of science in education/leadership. He previously owned an Allstate Insurance Agency. He has experience teaching entrepreneurship and math classes.
Click here to download flyer.
The course is approved for 4 CEs. The next course will be June 6 - June 27 - 3:00 p.m. - 4:00 p.m. It will be held virtually for 4 weeks. The cost is $27.00