Securing financing can be a pivotal step in launching, growing, or stabilizing your business, but knowing where to start can feel overwhelming. At Brattleboro Development Credit Corporation (BDCC), we’re here to help demystify the process and set you up for success. Hosted by BDCC’s business services team, this four part series will help small business owners and aspiring entrepreneurs better understand and access capital.
This is a focused mini session on Wednesday, December 9th at 5:00PM, Not All Capital is Equal: How to Avoid Financing Traps. This session will walk through an example case study of an existing business and examine the true cost of various financing options, including processor advance loans commonly offered through platforms such as Square. Participants will see a live calculation of repayment structures and gain a clearer understanding of how different loan products impact cash flow and long-term business health.
Following the workshop will be an in person Meet the Bankers event.
Session 1: Understanding Business Credit with Stephen Robert from Bedrock Credit America
Learn how you can build, interpret, and improve their credit profiles, and how credit impacts access to financing.
This will be a virtual session on Wednesday, September 16 at 3pm.
Session 2: Small Business Financial Statements & How Businesses Use Credit with KeyBank
Learn all about balance sheets, profit & loss statements & cash flow reports as well as lines of credit, credit cards, term loans, and financing options.
This will be a hybrid session on Wednesday, October 14 at 3pm.
Session 3: SME Financing Strategy with Will Jeffries from Blumenthal Enterprises
Learn how to choose the right capital for the business you’re actually building.
This will be a virtual session on November 18, at 3pm.
Session 4: Not All Capital is Equal: How to Avoid Financing Traps
Examine the true cost of financing options.
This will be a hybrid session on December 9th at 5pm.
Meet the Bankers event to follow, in person at 6:00pm.
All sessions are free to attend and participants can register for as many of the sessions as they’d like.