Business Support Webinar - Understanding Commercial Loans

LIVE EVENT (ONLINE)

Date & Time: May 11, 2023, 11:30am - 12:30pm PDT

Event Provider: Maggie Reilly, Business Lender
Craft3 – Portland, Oregon

Cost: Free

Duration: 60 minutes

Language: English

REGISTRATION: Please visit this link to register and receive further instructions.

ABOUT THE EVENT:

We will discuss the components of a commercial loan, drawing distinctions between consumer loans, and look at the common components of a loan application.  Loan-making professionals will review the 5 Cs of credit and how these factors are used in evaluating a loan application, and how your business can get prepared to ask for a commercial loan from your bank, credit union, or community-based lender. We also will cover resources available in the community to support a business in becoming ready for a loan.

Presenter: Maggie Reilly

Maggie Reilly joined Craft3 in 2017 and is a Business Lender-Neighborhood Resilience Strategist. She is responsible for generating new commercial loans in the Portland market, including the rural surrounding areas. Prior to joining Craft3, Maggie was the director of CASA Community Loan Fund, a CDFI focused on rural affordable housing across Oregon. She was also the director of Family Economic Opportunity Programs where she oversaw the country’s largest statewide matched savings account network at CASA of Oregon. Maggie has worked in Portland with two other CDFIs, MicroEnterprise Services of Oregon and Mercy Corps NW.