'Bank Financing for New & Existing Businesses' hosted by Lakes Region SCORE and Laconia Savings Bank March 8

LACONIA — New entrepreneurs and the local business community can get answers to their financing or capital formation questions at "Bank Financing for New & Existing Businesses," a free workshop to be held at One Mill Plaza from 5 — 7:45 p.m. on Tuesday, March 8.

Lakes Region SCORE and local resource partner Laconia Savings Bank (LSB) will host the event, featuring speaker W. Stephen Laughlin, senior vice president with LSB. Topics during this interactive session will include preparing before applying for financing, conditions that affect the decision making process of a business loan, impact of the current economic conditions, and governmental regulations affecting business loans.

Loughlin has been a commercial lender in the Lakes Region for more than 30 years with experience in both large and small businesses. A graduate of St. Bonaventure University and the Stonier Graduate School of Banking, he is a director of the Laconia Kiwanis Club.

“Understanding how and what to be prepared for before approaching a lender is especially important during these challenging economic times,” said Lakes Region SCORE Counselor Walter Daub. “A large majority of our clients want to know the current lending environment; Steve Loughlin is an excellent resource to be able to update them."

Space is limited and pre-registration is recommended. Pre-paid registration is $25 or $30 at the door. Experienced counselors are available to offer free and confidential business advice, mentoring, and coaching.

To register or learn more, call 524-3057 or visit www.scorelakesregion.org.