Latin Biz Today Insights on Hispanic Business Access to Capital 2 [Video]

Money bags and world currencies. Capital investment, savings. Economics, lending business.

Helping a business owner prepare for a meeting with a banker to secure a small business loan.

Editor’s note: This video is part two of a two part session. Find part one here: Latin Biz Today Insights on Hispanic Business Access to Capital 1 [Video]

Host: Latin Biz Today advisory board member, Marj (Marjorie) Weber. Marj is a seasoned financial professional who has held executive positions on Wall St., SCORE and the SBDC. She has been facilitating access to capital workshops for small business owners for the past 20 years.  Her area of expertise is Access to Capital. Her workshops prepare the borrowers for accessing loans on favorable terms to allow businesses to grow.

Hispanic business seeking financing for expansion: Marj Weber and Palletized, owners Maximiliano Trujillo and Guillermo Tiller address questions which relate to preparedness of Hispanic business owners including: current lease obligations, debt obligations. Request for tax returns, interim financials, a PFS, and other relevant documents. for loan review. Their Hispanic business company is in the E-Commerce era, a Co-Working Space that offers an in-house Warehouse is amazing but a Co-Working that also has a Fulfillment Center it’s a Game Changer.

Session 2 – Solutions  for objective to present several financial strategies / options for a Hispanic business owner.

  • Brief recap of session of session 1
  • Borrower business recap: strategy, challenges, why need for capital
  • What banks officers look for: Loan structure, approval process, timelines, tips. Additional options: business credit card, merchant service account
  • Wrap-up with key takeaways and a call to action.

Enjoy the video:

If you have questions for Marj please reach her at ASK@latinbusinesstoday.com

Related content:

9 Steps to Access Capital for Your Growing Small Business

Small Business Capital, Digital Lenders and Angels

Capitalism 2.0: A New Coming of Age Class of Investors and Entrepreneurs 

RELATED POSTS

Three Keys to Obtaining Funding

Three Keys to Obtaining Funding

To secure funding it's essential to instill confidence with a professional and accurate financial summary Securing a loan or other private funding is all about the business owner. Can you accurately represent your financial past and convey an exciting but credible...

FTC Bans Non-compete Clauses

FTC Bans Non-compete Clauses

Here are six FTC non-compete provisions In a previously article on non-competes entitled “Are Non-Compete Provisions Still Enforceable”, there was a reference to a rule published for comment in January 2023 by the U.S. Federal Trade Commission. The proposed rule would...

Video Gallery

Polls

Sign Up for the Latin Biz Today Newsletter

PR Newswire

Featured Authors

avatar for Luz ReyesLuz Reyes

Luz Reyes describes herself as a perma...

The Journey of a Latina to the U.S., Ten Years Later

Innovation & Strategy

Money

Four Basic Principles for Raising Capital

Four Basic Principles for Raising Capital

Outside investors want to understand a business' strategy as well as its financial statements.   The need to raise capital from outside investors requires a great deal of preparation across multiple dimensions. Among many things, investors look to understand...

Talent/HR

Legal

Marketing

Culture

Fashion

Food

Music

Sports

Work & Life

Mindfulness

Health & Fitness

Travel & Destinations

Personal Blogs

Pin It on Pinterest