Looking to expand your business? The Greater Federal Chamber of Commerce will address access to capital at its Annual Summit on June 28. The half-day event will feature a series of presentations and how-to sessions from 11:30 a.m. to 5 p.m. at the Federal Way Performing Arts and Event Center.
Each year, the chamber focuses on a business topic or industry segment at an annual summit of business and community leaders. In a Horizon September 2017 survey, chamber members identified finding funds and securing loans as the No. 3 challenge to growth.
“The Chamber’s strategic focus is securing sustainability for our economic base and we build programming based not only on business trends but also on input from our members,” said Rebecca Martin, CEO of the Greater Federal Way Chamber of Commerce, in a press release. “The Summit is designed to help our businesses understand what financial institutions are looking for when capital is needed for expansion and growth.”
The luncheon keynote, “Alternative Lending: How it Works,” will be offered by Walter Acuna, vice president and senior business lender, Craft3. Craft3 is a nonprofit community development financial institution that provides loans for people who normally don’t have access to financing.
Other summit topics include: “Taxes are Boring; Profits are Not,” with Eric Simpson, Brantley Jason, and “How to Write a Business Plan to Get a Loan,” with the Small Business Development Center Highline College.
The summit concludes with a panel discussion, “Show Me the Money: What You Need to Get It.” Confirmed panelists include Holly West, vice president, branch manager, Columbia Bank; Jim Strehlow, director business services, Red Canoe Credit Union and Kimaria Howard-Lewis, business banking specialist, Wells Fargo and Ike Kim, small business relationship banker, Umpqua.
The 2019 summit is open to the community at member prices. More information is available at fedwaychamber.com/summit.