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Learn about loans for small businesses from $25,000 to $10 million, along with loan qualifications and documentation.
On this week’s free webinar, SBDC director Kelly Bearden is joined by Bruno Ceccarelli, Senior Managing Director and Regional Executive for Customer Experience and Sales for Lendistry, a Community Development Financial Institution (CDFI) that provides small business loans and administers government and private grant programs.
Bruno provides details on the State Small Business Credit Initiative (SSBCI), and discusses the variety of loans Lendistry offers between $25,000 to $10 million, along with the loan qualifications and documentation.
Bearden begins the webinar with a small business update of current topics, relevant programs and information small business owners don’t often find from other sources.
This marks the 320th episode of the “Webinar Wednesday” business series that provides news and information helpful to employers and business owners.
The CSU Bakersfield Small Business Development Center provides free one-on-one consulting to help small business owners. New and existing businesses can sign up for assistance by clicking here!
TIMESTAMPS The bold blue link below is a direct link to when Bruno Ceccarelli begins his presentation
00:00 Intro
00:38 What’s up today June 12, 2024
02:59 Poll Question #1 “If you are seeking funding, how much do you ideally need?”
05:06 Poll Question #2 “What type of funding is most realistic for your venture?”
06:57 Poll Question #3 “Which pro-golfer is the highest paid?”
09:55 Economic Corner
11:41 Eastern Sierra Capital Summit – June 28 https://tinyurl.com/CapitalSummit2024
13:17 Latest on Beneficial Ownership Information https://www.fincen.gov/boi
17:19 See what tools the SBDC has for your business
18:01 Sign up for our CSUB SBDC YouTube Channel https://www.youtube.com/@csubsbdc
19:42 Mine Your Business for Hidden Cash - https://tinyurl.com/CashFlowMike
20:32 Kelly introduces today’s guest, Bruno Ceccarelli, Lendistry Senior Managing Director
21:29 Bruno Ceccarelli begins to speak
23:37 Bruno introduces Oliver Orduna
23:48 Oliver Orduna: About Lendistry - https://lendistry.com/
24:42 Who We Are
25:06 A Unique CDFI - National Presence
25:40 Our Impact
33:44 B.S.D Capital Inc. - Bruno takes a look at loan qualifications, documentation and more
34:25 SBA 7(a) loan details
34:48 SSBCI Programs
34:58 How SSBCI Programs Work for Small Business
35:47 Current SSBCI States
36:08 Process and Analysis
36:19 Lending Minimum Required Documents
39:01 Capital Analysis Worksheet Tool
42:39 Contact Information - Applications: http://lendistry.com/uriel-arguelles
43:48 Kelly rejoins Bruno for Question and Answer with attendees
