During the COVID pandemic, you may not think analyzing Profit and Loss statements is at the top of the list. Yet this intuitive financial statement can help you and your clients find the way back to operating profitably in an upside-down world. Some tough choices need to be made and a P&L can help a
Category: Trainings
State & Federal Access to Capital Options for Your Clients
A $484 billion relief package was passed that includes $310 billion for the Paycheck Protection Program – $30 billion of which will go to CDFIs, Credit Unions, and community banks with assets of less than $10 billion, plus $60 billion for SBA Economic Injury and Disaster loans and grants. CAMEO supported money for the CDFIs
Listening Session: COVID-Related Employment Issues
We know that each of you are responding to the pandemic and implementing programs and procedures to help your clients and serve the small business community. We are holding a weekly listening session about what you are doing in response. For this week’s session, we talk about employment issues including new guidance on unemployment for
PPP and EIDL Updates
New information seems to come out daily. We’ll review the current scenario of the federal funding circumstances and what you can do to push for more funding. Then we’ll review new guidance issued on the PPP for the self-employed and how sole proprietors can calculate their PPP amount and access funding.
Small Businesses Creating Good Jobs
While small businesses need to prioritize immediate business realities to keep their businesses afloat, small business owners can still think about worker well-being in the context of quality jobs in their recovery. Find out how your clients can implement a good jobs strategy, and engage with CAMEO member Pacific Community Venture’s “Good Jobs, Good Business”
State Lenders Roundtable
Join Isabel Guzman, Director, Office of the Small Business Advocate and Emily Burgos of the iBank for a special round table discussion about how the state can help small businesses through access to capital. IBANK Slides
Serving Small Businesses in Today’s Challenging Times: The Federal Response
We know that each of you are responding to the pandemic and implementing programs and procedures to help your clients and serve the small business community. We are holding a weekly listening/sharing session about what you are doing in response. This week, we are joined by our team in DC – Madison Services Group to
PPP Participation
We previously told you about the Paycheck Protection Program – a $350-billion program that is part of the CARES Act and is intended to provide eight weeks of cash-flow assistance to small businesses through federally guaranteed loans. CAMEO Senior Advisor Mark Quinn has been diving into the mechanics of the program. Join our meeting to
Serving Small Businesses in Today’s Challenging Times: Alternative Capital
During this challenging time, not all of your clients are going to be able to, or want to, take on more debt. In this week’s session, we explore some of the alternative funding products that can help your clients weather the current crisis: Kathleen Minogue from Crowdfund Better on who crowdfunding is for and a
Develop A Sustainable Loan Deferment Policy
CDFIs are receiving request after request to defer loans. We want to help our clients, but we also want to make sure our program remains intact on the other end of the crisis. Join us for a discussion on developing a sustainable loan deferment policy. Topics discussed may include: how to decide on terms what