(1888PressRelease)
September 29, 2009 - Raleigh, N. C. Commercial lending leaders in North Carolina will gather in Cary, N. C. on October 2, 2009, in a round table discussion to address the current credit market freeze.
The seminar is designed to give small business owners better ideas for dealing with the credit freeze.
“We conducted a telephone survey of commercial lenders in August,” said Susan Hasty, President of Carolina Funding Connections, and the organizer of the seminar. “When we asked them the top 3 reasons for business loan rejections today, we found common reasons from all sources of capital. Our seminar is going to address those reasons and give owners better ideas on how to obtain financing.”
The panel of commercial banking leaders and financial experts will include:
· Stan Moore, CPA with Southern Community Bank and Trust
· Dave Byerley, Senior VP of Commercial Banking with BB&T
· Chad Marshall; VP Business Banking with RBC Bank
· Walt Parker; VP with Capital Bank
· Thomas Vass; Economist and Investment Advisor with Investment Management & Insurance Advisors, Inc.
The panelists will discuss how the markets have changed in the past year, since the credit crisis began in September of 2008. Topics that will be most helpful to small business owners include the new minimum underwriting requirements and how lending and financing guidelines have changed in the past year.
“We need to re-build the North Carolina commercial financial networks,” said Thomas Vass, a regional economist and author of books on private capital. “This seminar is one type of business networking event that can help connect business owners to sources of financing.”
The seminar will be held at the BNC Center in Cary, N. C., located at 649 Walnut Street Cary 27511, and begins at 11:30AM. Lunch will be served and there is a $15 cover charge to attend.
For more information, contact Susan Hasty at 919-749-5910 or by e-mail susanhasty ( @ ) gmail dot com.
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