Wednesday, March 31, 2010

Working Together To Ensure Our Future

Ken Buzzell, Senior Vice President of the Newport office, participated as a speaker at the “Working Together To Ensure Our Future” Conference held in Burlington, Vermont on March 30, 2010. He participated as a panelist during a break-out session “Finding, Structuring and Securing the Necessary Capital”. Other panelists were Charlie Keeler from VACC and Bob Paquin from FSA. Each lender talked about what loans they offered – terms, interest rates and conditions. Also what lenders expected from their borrowers – good records, accurate financial statements, communication/no surprise lending, working capital adequacy, profit and strong balance sheets. A question and answer period followed the presentations.