12.27.10: Michael Sneden Keynote Speaker at January 20th Business After Business Social Networking Event

The Business Council of Westchester County, NY has announced that Michael D. Sneden, Executive Vice President at ValueXpress, will be the keynote speaker at its Business After Business social networking event beginning at 4:30 pm, Thursday, January 20, 2011 at the Crown Plaza Hotel on Hale Avenue in White Plains, NY. The seminar is free. Those in the Westchester County area can sign up for the seminar by calling Carolyn Murphy at Country Bank at 1 (212) 883-6448. Afterwards, cocktails and Hors d’oeuvres will be provided from 5:00-7:00 pm. The fee for the post-seminar reception is $20 for members and $40 for non-members.

Sneden’s talk “How Can SBA Loans Help Your Business?” will review changes in the SBA program and highlight bank capital requirements that are forcing community banks to rely on SBA programs more than ever.

“After the brief SBA overview, I will go through a drill I call “Let’s Approve an SBA Loan in 15 Minutes,” said Sneden. “I have found that many borrowers think we collect business and personal tax returns and simply shove them in a file. Using a Subway restaurant business as an example, I will walk listeners through the underwriting of the purchase of the real estate and business to show them how business and personal cash flows are determined when obtaining approval of an SBA loan,” noted Sneden.

This entry was posted in Michael D. Sneden, Owner-Occupied Loans, Owner-User Loans, SBA, SBA 504, SBA 7(a), SBA Loan Processing, SBA Loans, The Banker's Mortgage Conduit, Valuexpress and tagged . Bookmark the permalink.

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