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Local News

Speed Lending?


You may have heard of speed dating; but speed lending? Now that's a new concept. There’s an interesting event hosted by local business assistance organizations you may not want to miss. It's not as if you'll walk in looking for a small business loan and walk out with cash in hand; but future, new and existing business owners can meet face to face with Central Oregon lenders to see if they're interested. " This might be an opportunity to come in and meet a bunch of different lenders at the same time and kind of get an idea of what that financial institution likes to do meet the folks and then you can follow up with them later if you want to submit an application." That's Mike Testerman from Mid Oregon Credit Union. He says rumors that lenders are overly tightfisted right now, aren't necessarily true. "If you're a business owner, what you need to do is to go out and talk to the lender. The only way they make money is to make loans. And so they're going to be wanting to do that." For more on how to register for this June 8th workshop, luncheon and speed networking event; just write to events@edcoinfo.org.  

 

 

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