The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a BLP financial professional prior to relying on the results.
This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. This calculator does not calculate the Annual Percentage Rate or Average Prime Offer Rates. BLP does not guarantee any of the information obtained by this calculator.
The National Development Council, a national leader in community and economic development training, has decided to release a training to assist small business owners who have been affected by the pandemic.
The three-part Cash Reigns Supreme webinar series is designed to teach small business owners the importance of financial statements and how they can be used to make better business decisions. Participants learn how third parties, including lenders, evaluate financial statements to make lending decisions.
Specific topics include: • The importance of maintaining current and accurate financial records • Balance Sheet and Profit & Loss Statements • The importance of CASH • Determining your company’s cash needs • Cash flow statements and cash flow forecasting • Accounting terminology • Selecting an accounting system • Preparing for growth
NDC has made available the below webinar to help answer some of those questions. In this webinar, a NDC loan officer reviews the requirements, documents, and updates related to the First and Second Draw PPP Program. At the end of the session you will understand how to prepare for and obtain a First or Second Draw PPP loan with NDC’s GAF. Click below to view.