Credit Counts: Is your Business Lender-Ready?
Presenter: David Hincapie
Whether you’re just starting out or looking to grow, understanding how credit impacts your business can open doors to new opportunities. Join David Hincapie from the U.S. Small Business Administration for our 90-minute seminar. You’ll learn how to strengthen your credit foundation and position your business for long-term success. Don’t miss this chance to gain expert insights that could transform how you access and manage business financing.
What you’ll walk away with:
- An understanding of how personal and business credit reporting impacts your business
- Insight into the key components of credit reports and scores, and how lenders use them
- Awareness of when business credit becomes critical for accessing funding
- Knowledge of how credit reporting services can support your business
- Strategies and tools for leveraging strong credit histories for better financing terms
Date & location:
Wednesday, December 3 | 8:30 AM to 10:00 AM
RCU Administrative Offices
3033 Cleveland Ave., Sonoma Room
Santa Rosa, CA 95403
Additional details
Doors open at 8:00 AM. Light breakfast will be available.
Cost: Free
About the speaker
David Hincapie is a Lender Relations Specialist for the SBA in San Francisco, providing technical guidance to lenders, small businesses, and resource partners to improve access to capital and SBA program effectiveness. Previously, he served in Washington, DC as an Economic Development Specialist and Veterans Business Outreach Partner, where he was featured on the Everything Co-op podcast discussing co-op experiences with PPP and COVID loans. David has collaborated with Washington-area organizations to clarify SBA lending nuances and worked as a Capacity Builder for the Jonas Project in Los Angeles, forming partnerships to support Veteran entrepreneurs. As a program manager at The Mission Continues, he helped Veterans transition to civilian life. A former U.S. Army Non-Commissioned Officer in Transportation, David received the SBA’s meritorious service award in 2020 for his support of small businesses during the pandemic.
Complete the form below to register.
Each person attending must register individually for entry.
Presenting Co-sponsors
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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