How to Prepare Your Business and Your Financials to Get a Loan - Zions Bank Business Resource Center

Please join us via Microsoft Teams invite supplied at time of registration.
Understanding the qualifications for and seeking a small business loan can be an intimidating proposition if you’ve never done it before and don’t know how to navigate the process. Before you approach a financial institution with your request it’s advisable to do a bit of homework and some preparation, but where do you start?

In this complimentary 30-minute, virtual discussion using Teams technology, you will learn about:
 Income Statement- Cash flow available to service debt
 Balance sheet- Liquidity and Leverage
 Personal Financial Statement- Outside personal net worth
 Projections- What qualifies and when to use them
 Market Considerations and SBA Financing

About Our Subject Matter Expert:
Jon-Michael Patton , VP and Community Banker III at Zions Bank, has spent the past 10 years in banking with a focus on small business and SBA Lending. He currently manages a loan portfolio comprised of small businesses with less than $10 Million in gross annual revenue and is considered to be one of the top Zions Bank commercial lenders in the state.

Over his career he has counseled hundreds of companies on business plans, projections, business acquisitions, and facilitated various loans from working capital to real estate purchases. Jon is also the founder of JP Financial Services LLC, a consulting firm that focuses on the skills development of small business owners in Utah and Idaho.

He volunteered over 300 hours in 2021 to the Heber City Corporation and has previously worked with various rotary clubs. He graduated with both a BS in Business Management and an MBA from WGU.

Webinar Details:
 Cost: Complimentary, but you must register to reserve a virtual seat
 Place: Virtual session using Teams technology
 Register: via Eventbrite or call 801-844-7900

This conversation is offered for informational purposes only and should not be construed as legal or other professional advice. Consult with an attorney or other professional concerning your own needs and circumstances.

The views and opinions expressed by the speaker are not necessarily those of Zions Bank®, its parent or affiliates.