2024 When Banks Say No

It’s tough for small businesses to get funding. In fact, 75-80% of small business loan requests are denied by banks. So, what’s a small business owner to do when the bank says no? Find alternative funding sources! “When Banks Say No” provides an overview of alternative funding options for small business owners who need money to start, support, or grow their businesses. Takeaways you'll receive from this webinar: 1. Hope! A “no” from the bank is not the end of the road. There are many options available for nearly any business situation. 2. Understanding! We’ll explain many funding options that banks just don’t offer. One might be just what you need. 3. Direction! When you identify one or two loan options that work for you, you can take the steps towards acquiring that money to start, support, or grow your business. Presenter: S. Boyd Karren, Managing Partner, Otro Financial. While he can help businesses in any stage of growth, Boyd specializes in finding funds for start-ups and businesses under two years old, which is the most difficult time for a business to get funding. Boyd has helped many businesses find the money they needed, even after banks told them no.