Business Financing 101

Agenda / Content Covered

1. Intro to Financing, Getting the Business Ready for Financing
   2:00 — 2:30, Mark Kimball
   1. Getting Business Financial Statements in Order
      1. Cash Flow
      2. Budget
      3. Profit and Loss Statement
      4. Balance Sheet
      5. Return on Investment (ROI)
   2. Types of Financing Available and Differences Among Them
   3. Capital Market and Trends
2. Debt Financing and Common Types of Loans
   2:30 — 3:00, Anne Wal
   1. Securitized Loans
   2. Unsecured Business Loans
   3. Equipment Loans
   4. SBA Loans
   5. Financing With Own Money/Family & Friends
   6. Working Capital Financing
3. Equity Financing
   3:00 — 3:30, Anne Wal
   1. Pros and Cons of Equity Financing
   2. Angel Investors
   3. Venture Capital
   4. Mezzanine Capital Financing
   5. Equity Financing for Women and Minority-Owned Businesses
   6. Proving Growth Potential
   7. Private Placement Memorandums
4. Commercial Loan Process and Agreement Provisions
   3:45 — 4:15, Mark Kimball
   1. Loan Application Process
   2. Deal Structures
   3. Underwriting Process and Necessary Documentation (Including Form 4506-T)
   4. Term Sheets and Commitment Letters
   5. Loan Agreement Provisions/Covenants and Promissory Notes
   6. Loan Closing
   7. Digital Lending Process
5. Government Loans and Grants: Eligibility, Application Process, Financing Structures
   4:15 — 4:45, Anne Wal
6. Common Business Financing Problems
   4:45 — 5:15, Anne Wal
   1. Cash Flow Limitations
   2. Financial Management
   3. Insufficient Documentation

Accreditation Details:

MARK D. KIMBALL is the founding shareholder of MDK Law, a firm emphasizing corporate, commercial, and property law and consulting in matters involving federal and international taxation. Mr. Kimball is admitted to practice in Washington, New York, and Texas. He is an adjunct professor of law at Eotvos Lorand and Masaryk universities in Europe and has served as a law school guest lecturer at Seattle University School of Law. He is also engaged as an expert witness in superior court cases involving limited liability companies and governance and other member issues. Mr. Kimball earned his J.D. degree and LL.M. (taxation) degree from the University of Washington School of Law and also holds an LL.M. degree in transnational commercial practice from Europe.

ANNE E. WAL is a shareholder in the real estate; construction law; and banking, bankruptcy, and business restructuring sections of von Briesen & Roper, s.c. She represents privately and publicly held businesses, financial institutions, and governmental and quasi-governmental entities in construction, real estate, and commercial finance matters. Ms. Wal's real estate work covers all stages of commercial development, including acquisition; obtaining entitlements; negotiating development agreements, easements, or other documents memorializing property rights; negotiating design and construction contracts; and negotiating leases. She has an extensive background in banking as a former business banker, middle market commercial banking paralegal, and project manager for compliance issues at three of the largest banks in Milwaukee. While at Chase Bank (formerly Bank One), she was a member of a national project team formed to create new versions of middle market commercial loan documents. Ms. Wal's professional memberships include the American and Milwaukee bar associations, and the State Bar of Wisconsin.