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Building Lender Relationships

Session date/time: 
Fri, 3/1 -
9:30am to 10:45am
Workshop Track: 
Session Location: 
Executive Room D

When should we start talking to lenders? What lenders should we talk to? What information are they going to need? What’s a reasonable interest rate? What is a CDFI lender? There is so much more to finding your primary and secondary lenders for your co-op than just creating feasible pro forma financials and we’re going to dive right into how to build lender relationships, understanding the needs of your lender so you can meet them, and how to decide which lender relationships are worth pursuing. Co-led by both an experienced lender to food cooperatives and an experienced borrower on behalf of food co-ops, you’ll get a unique insider’s view that will empower your efforts.

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