Webinar Recording: Revolving Loan Funds for Disaster Recovery

Click here to download the webinar recording

Click here to download the webinar presentations

Date: March 28, 2019 Time: 2:30 pm - 4:00 pm ET Small businesses are the backbone of any local economy, yet they often lack the financial resources to weather the impacts of man-made and natural disasters. To help small business survive these events, an increasing number of economic development organizations are offering financial and technical assistance like revolving loan funds (RLFs). In conjunction with IEDC's new publication Case Studies: Revolving Loan Funds for Disaster Recovery, join us for this free webinar on Thursday, March 28, to learn how your community can use RLFs for disaster recovery. What you'll learn - What are revolving loan funds, and how can they be used for disaster recovery. - Best practices for setting up an RLF. - Case studies on RLFs for disaster recovery


Speakers:

Chris Rys Senior Economic Development Specialist Economic Development Administration Austin, TX Chris Rys is a Senior Economic Development Specialist for EDA’s Austin Regional Office, covering 5 states. He manages a portfolio of grants providing support for regional economic development, coordinates regional activities with Economic Development Districts, and provides technical assistance to economic development organizations across the state of Texas. Chris served as Point of Contact for the Economic Recovery Support Function following historic flooding in Texas and Oklahoma in 2015, and is currently assisting East Texas communities affected by Hurricane Harvey. Prior to his current role Chris served as the RLF Coordinator for the southwest region, overseeing a portfolio of 36 revolving loan funds. Chris obtained a bachelor’s degree from American University, and completed a Master of Public Affairs at the LBJ School of Public Affairs. Vin DiCara DiCara Training and Consulting, LLC Brunswick, Maine Vincent DiCara has been involved in evaluating and meeting the credit needs of small and medium-sized businesses for over thirty-five years as a business advocate, lender, credit analyst and trainer. Since 1995, he has been providing expert training for lending professionals throughout the country who work in the public, private non-profit, and private sectors. Mr. DiCara’s training programs have become known for their ability to foster an informal and participatory environment in which students are empowered to learn. Mr. DiCara was an owner and founder of Development Finance Training and Consulting, Inc. (DFTC) which he established in 2003. Upon leaving DFTC in early 2013, Mr. DiCara established DiCara Training and Consulting, LLC where he continues to provide the highest quality services to his clients in the banking, credit union, and economic development sectors. Mr. DiCara has developed a number of partnerships with organizations whose missions include training and education. He is a co-creator and faculty member of the Credit Union National Association’s (CUNA) Business Lending Certification Institute. He has also established relationships with chapters of the Center for Financial Training (CFT) and state banking associations throughout the country. Mr. DiCara also served as a faculty member of the Neighborhood Reinvestment Corporation for sixteen years and developed a number of courses that he has taught for that organization. In addition to his experience as a financial trainer, Mr. DiCara also provides consulting services to banks, credit unions, economic development organizations and other lenders who require assistance in developing, implementing, monitoring, and reviewing their loan practices and portfolios. He has conducted a number of loan reviews for small-to-medium sized lending institutions who have small business loan clients. Mr. DiCara also serves as a loan practitioner and on a consulting basis provided commercial loan officer services to the Greater Portland Council of Governments (GPCOG) from 2002 to 2018. He currently provides commercial loan services to the Portland (ME.) Development Corporation (PDC), and the Kennebec Valley Council of Governments (KVCOG). His specific responsibilities with those organizations include loan underwriting, liaison to financial institutions, and the structuring of complex financing packages that utilize multiple sources of funds from the private and public sectors. Mr. DiCara is also an active contributor in the community in which he lives, and has served as a Board member and fundraiser for a number of different private non-profit organizations. In 2013, he served as the Campaign Chair for the United Way of Mid Coast Maine’s Annual Campaign, which raised $1,933,300 to support organizations that provide social services to a wide variety of area residents. Since early in 2014, he has also been a member of the Brunswick Development Corporation (BDC), a private non-profit development corporation that provides loans and grants to Brunswick businesses and non-profit organizations. He currently serves as the Treasurer for the BDC. In 1996 and 2006 he served as the United Way Campaign Chair for the United Way of Kennebec Valley. He is also a Board Member of Family Focus, a private non-profit organization that provides daycare services to children in Midcoast Maine Scott Wolford Vice President, Business Development Carolina Small Business Development Fund Raleigh, NC As Senior Director of Business Development Scott Wolford is responsible for building relationships and sourcing loans for the Carolina Small Business Development Fund portfolio. He also provides technical assistance to applicants by helping them analyze their current and projected financial statements to better understand their debt service. Prior to joining Carolina Small Business, Scott was the small business center director at Wayne Community College and served as strategy and growth services counselor for the SBTDC. Scott also served as social worker III for Wilson County and has ran multiple branches of several nation-wide mortgage companies. Scott obtained a bachelor’s degree in sociology from the University of Maryland and is currently pursuing a Master of Business Administration from Eastern Carolina University. Leslie Lewis Business Service Advisor Carolina Small Business Development Fund Raleigh, NC Leslie serves as a Business Services Advisor for Carolina Small Business. In this position, Leslie will be serving the small business community through business advisory counseling, strategic disaster relief support, and loan servicing support. Prior to Carolina Small Business Development Fund, Leslie has over 15 years of experience in Marketing and Development, Business Advisory, and Project Management. Additionally, Leslie brings knowledge of disaster case file management and settlement negotiation. Leslie holds a Bachelor of Science in Business from the University of Phoenix, with a certificate in small business development and entrepreneurship. In 2017, Leslie earned a Project Management Professional certification from the University of Phoenix.

RESTORE YOUR ECONOMY

Website by Accrisoft