Credit and loans they are looking for, so i will try hard to bring the brightest minds in this room so you can effectively fix their range and learn more about what you can do better to fix your Business Plan and what it is they are looking for. First of all, i will introduce everyone. Mark quinn is the San Francisco district director of the u. S. Small business administration. The Small Business administration covers not only San Francisco proper but the bay area. The severed his Third District is responsible for a Business Loan portfolio of 12,000 loans worth 4. 2 billion. In 2009, the sba approved 500 million in lending. Next, we have the executive director of the San Francisco Small Business office. She was in San Francisco in 1986 to open the Buffalo Exchange limited store, and in the 13 years she worked for Buffalo Exchange, tennis district manager, she held her open the company from four to 11 stores. In 2009, the mayor appointed her as executive director to the office of Small
He has combined his background as a Community Organizer with an education from stanford to develop an innovative, notfor Profit Financial incision that uses market principles to affect systemic change. It operates one of the nations largest individual development, programs, a leading provider of micro loans in california, and has a Robust Community Real Estate Finance unit. Next, we have the ceo of ne Community Federal credit union. Since 1988, she has been the ceo of northwest Community Federal credit union. Under her watch, the Credit Union Group to over 1600 members. It has become the National Model for institutions seeking to provide Financial Education and Banking Services to the low income communities. Last but not least, we have our conditional lender represented here by wells fargo. Mark cyrus is the senior fda banker for the region the senior sba banker. He held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals
Tax return and that statement. We do a lot of home care and momandpop shops. We also do start ups. We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business plans take a while. Especially bank statements. We need t
To 50,000. This is we check credit. We need a business plan. Then we look at the threeyear tax return and that statement. We do a lot of home care and momandpop shops. We also do start ups. We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, so
We need a business plan. Then we look at the threeyear tax return and that statement. We do a lot of home care and momandpop shops. We also do start ups. We asked for approval through documents. We work a lot with people who do not know how to file taxes properly. We are mainly focused in San Francisco. We are small. We focus mainly on the tenderloin, chinatown, bayview, visitation. We do a lot of expansion. People start small through the credit union and then want to go to the bank. We know we are limited. We cannot afford to give out a big loan. Starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. The bank and credit union are similar. We do allow tax returns, projections. Credit unions do not charge an additional loan or processing fee. Processing time, on a small loan, consumer loans probably a few days. Because we require a business plan, sometimes it takes longer. Business pl