what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL...

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® BRAND BASICS WHAT’S YOUR STORY?

Transcript of what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL...

Page 1: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

®

brand basics

what’s your story?

Page 2: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

what is a brand?

EVErythinG

Page 3: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

whErE wE startEd

RAVALLI

LAKESANDERS

MISSOULA

HILL

VALLEYPHILLIPS

BLAINE

FERGUS

FLATHEAD

GARFIELD

CUSTER

PARK BIG HORN

ROSEBUD

LINCOLN

CARTER

GLACIER

BEAVERHEAD

CHOUTEAUTETON

MADISON

TOOLE

POWELL

MCCONE

GALLATIN

CASCADE DAWSON

PRAIRIEMEAGHER

CARBON

FALLON

LEWIS & CLARK

ROOSEVELT

RICHLAND

POWDER RIVER

GRANITE

LIBERTY

YELLOWSTONE

DANIELS

PONDERA

SHERIDAN

STILLWATER

JEFFERSON

MINERAL PETROLEUM

MUSSELSHELL

JUDITH BASIN

SWEET GRASS

WHEATLAND

WIBAUX

TREASUREBROADWATER

GOLDEN VALLEY

SILV ER BOW

DEER LODGE

Page 4: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

how wE lookEd thEn

Page 5: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

whErE wE arE today

BOZEMAN

MISSOULA

KALISPELL

HILL

VALLEYPHILLIPS

BLAINE

FERGUS

FLATHEAD

GARFIELD

CUSTER

PARKBIG HORN

ROSEBUD

LINCOLN

CARTER

GLACIER

BEAVERHEAD

CHOUTEAUTETON

MADISON

TOOLE

POWELL

MCCONE

RAVALLI

LAKESANDERS

GALLATIN

CASCADE DAWSONMISSOULA

PRAIRIEMEAGHER

CARBON

FALLON

LEWIS & CLARK

ROOSEVELT

RICHLAND

POWDER RIVER

GRANITE

LIBERTY

YELLOWSTONE

DANIELS

PONDERA

SHERIDAN

STILLWATER

JEFFERSON

MINERAL PETROLEUM

MUSSELSHELL

JUDITH BASIN

SWEET GRASS

WHEATLAND

WIBAUX

TREASUREBROADWATER

GOLDEN VALLEY

SILV ER BOW

DEER LODGE

IDAHO

OWYHEE

LEMHI

CUSTER

VALLEY

ELMORE

BUTTE

BLAINE

CASSIA

CLARK

BOISE

BONNER

SHOSHONE

ADA

CLEARWATER

BINGHAM

FREMONT

CARIBOUPOWER

LATAH

ADAMS

TWINFALLS

BONNEVILLE

LINCOLN

KOOTENAI

ONEIDA

BOUNDARY

CAMAS

BANNOCK

WASHINGTON

JEFFERSONGEM

BEAR LAKE

BENEWAH

LEWISNEZ PERCE

GOODING

MINIDOKA

FRANKLIN

TETON

JEROME

CANYONMADISON

PAYETTE

Page 6: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

how wE look now: in print

LOANS AT A GLANCE

AMOUNT

TERMS

RATES

COLLATERAL

FEES

CREDIT SCORES

UNDERWRITING

TYPES OF LOANS

• $1,000 – $1,000,000

• Flexible 5 –10 years (Generally)

• Bank plus 1– 2% • Incentive rates for some rural, childcare, Native American, and other targeted business types

• Flexible (Particularly for microloans)• Real estate, personal property, equipment, etc.• Collateral coverage ratio > .75x (Generally)• 1st position not required

• 2% origination fee• $100 annual administration fee• Closing costs

• 600+ (with flexibility)

• Solid business plan required

• Montana CDC stand-alone• Bank partnership loans • Bank participations

LOAN PROGRAM CONTACT:

406.728.9234 [email protected]

MtCDC_LoanPrgBankCard_FINAL.indd 1 7/5/12 3:06 PM

APPLICATION

Applications from all partners with at least 20% company ownership      Applications from all co-signers and guarantors     

Business plan or business plan summary from Montana CDC’s website      24 months of cash flow projections     

Historical business taxes for three years     

Historical personal taxes for three years     

Internally prepared income statement and balance sheet for the last fiscal year      Internally prepared income statement and balance sheet through the previous month with year-to-date  Most recent appraisal if collateral is real estate

229 E. Main St. Missoula, MT 59802

222 E. Main, Ste. 202 Bozeman, MT 59715

15 Depot Park Kalispell, MT 59901

Montana CDC is an equal opportunity provider and employer

MtCDC_LoanPrgBankCard_FINAL.indd 2 7/5/12 3:06 PM

MISSOULA229 E. Main St.Missoula, MT 59802

BOZEMAN222 E. Main, Ste. 202Bozeman, MT 59715

KALISPELL15 Depot ParkKalispell, MT 59901

T 406.728.9234

F 406.542.6671

mtcdc.org

[email protected] 406.728.9234F 406.542.6671

229 E. Main St.Missoula, MT 59802

mtcdc.org

Dave GlaserPresident

229 E. Main St.Missoula, MT 59802

Dave Glaser

Page 7: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

how wE look now: in wEb

Page 8: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

what’s in a namE?

mcdc

montana cdc

Page 9: what’s your story? · how wE look now: in print LOANS AT A GLANCE AMOUNT TERMS RATES COLLATERAL FEES CREDIT SCORES UNDERWRITING TYPES OF LOANS • $1,000–$1,000,000 • Flexible

thE rEal rEsultsnumbEr oF loans to low-incomE placEs*

*A business may have multiple loans

‘08 ‘09 ‘10 ‘11 ‘12

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