Financing is the life blood of a business! Without financing a business cannot support its customers, suppliers and employees.
In the current chaotic environment, each commercial bank is operating differently. Some banks have stopped taking on new customers, others are staffing up their work-out departments which handle distressed customers, some banks are using this as an opportunity to charge default rates which results in increased pricing to borrowers in default of their loan covenants and other banks are trying to limit their current exposure by asking existing borrowers to find new lenders.
Every business has been impacted differently by the financial effects of COVID-19. To educate the business community on the various types of Non-Traditional Financing that are available to businesses with these different challenges, Neil Seiden, President of Asset Enhancement Solutions, LLC will share his knowledge and expertise with us. Neil's presentation will be in the format of simple mini-case studies that look at each of the many challenges that businesses are now facing and discuss the options that are appropriate for each situation.
This event has complimentary entry and is open to the public. It will be held on the Zoom online meeting platform.
The zoom link is included in your registration confirmation and is also attached below for convenience.