This webinar, the first of a two-part series, will be an introduction to Balance Sheets accounts, what they mean and how they work together. We have a fun exercise (you can use it in your classes!) that demonstrates how the Balance Sheet changes with each business transaction.
Category: MicroLending Academy
Opportunity Fund, A Commitment To Scale
Thanks to Susan Brown, CAMEO’s microloan consultant for this post. For Opportunity Fund, the desire for meaningful community impact means a commitment to scale. They close 1,500 loans per year, adding up to $26.5 million. To date, they have lent $100 million to 4,000 clients who have a median income of $28,000. They close about
Micro Lending Academy: Cash Flow Basics
This webinar will help train your staff on projections and give you a format for teaching projections to your business clients. We’ll answer questions such as: What is a cash flow projection? Why does a business owner need one? How is it different than a P&L projection? We’ll provide a couple of sample spreadsheets to ‘take with you’ to use with clients.
MicroLending Academy Newsletter – Building Capacity
Hi {FIRST_NAME|Friend}, The MLA newsletter is chock-a-block with articles, resources, technology, success stories, interviews, and big picture ideas on all Lending Academy features. This edition focuses on capacity building and lists several opportunitties for training, whether they be peer calls, webinars or tools you can use. In this Issue… Take Action: Increase
Micro Lending Academy: Loan Capital Projection Worksheet
CAMEO has developed a tidy spreadsheet tool to project how much loan fund capital you will need based on loan volume, interest rate and loan loss. On this webinar you will receive a copy and see how it works. We’d like to get your feedback as well, to see if we’ve structured it to meet your loan fund operational needs. Our microlending guru, Susan Brown, will host. This MicroLending Academy webinar is appropriate for all lenders or technical assistance providers who are thinking about a loan program.
Excellence in Microlending
The MLA newsletter is chock-a-block with articles, resources, technology, success stories, interviews, and big picture ideas on all Lending Academy features. This edition revolves around excellence in microlending. What are the key factors of success? What are standards of practice for California microlenders? What can we do to scale microlending to meet the unmet demand
Micro Lending Academy: Credit Reports
Always review a client’s credit report before sending her off to a lender. Learn how to assess the strength of your client’s past use of credit and help them address problems before applying for a loan.
Micro Lending Academy: Global Cash Analysis
While some microlenders are willing to lend based on projections, many look at current cash availability to determine debt service capacity. Susan Brown reviews how microlenders look at cash flow when assessing a borrower’s loan request.
MMS Year End Report
We’ve come to the end of our first MMS program year and want to share the outcomes. We appreciate everyone’s participation in the program and look forward to working together in the coming year to further build success. Three organizations participated in the pilot — CDC Small Business Finance in San Diego, Women’s Economic Ventures in
Micro Lending Academy: Profit and Loss Statements
The Profit & Loss statement is a fundamental business management tool for your clients. What does a lender look for? Susan Brown shows how to view the P&L through a lender’s eyes to help you work more effectively to prepare clients for a loan application.