Loan Readiness - Safe Credit Union

Topics to be covered: 
• Business startup considerations: 
1. Strong Detailed Business Plan with assumptions. 
2. 12-24 months of Projections-Revenue, Expenses, Profit/Loss, with assumptions. 
3. 12 months of working capital-expenses. 
4. Start a relationship with a CPA—worth the investment. 
5. Prepare monthly financial statements, diligently. 
• SBA financing options. 
• Leasing options. 
• Lines of Credit. 


Speaker: 
Carmine DeCicco 
Sr. Business Development Officer 
SAFE Credit Union 


• Began banking career in 1968. 
• Worked at many jobs at B of A for 30 years, Credit Card Division, Payroll Sales Division, Branch Management and as a Relationship Manager for business clients. Also various credit lending assignments including Consumer, Business, Commercial Real Estate and SBA. 
• From 2000 to 2010 worked as a Business Development Officer and Relationship Manager for 2 banks working with medium to large business clients in my portfolio. 
• Joined SAFE Credit Union in 2010 as a Sr. Business Development Officer generating Commercial Real Estate loans and SBA loans. Also, active in training/coaching Business Banking Officers.