When Banks Say No

It’s tough for small businesses to get funding. In fact, 75-80% of small business loan requests are denied

by banks. So, what’s a small business owner to do when the bank says no? Find alternative funding

sources! “When Banks Say No” provides an overview of alternative funding options for small business

owners who need money to start, support or grow their businesses.

Takeaways from and Benefits of Attending “When Banks Say No”:

1. Hope! A “no” from the bank is not the end of the road. There are many options available for

nearly any business situation.

2. Understanding! We’ll explain many funding options that banks just don’t offer. One might be

just what you need!

3. Direction! When you identify one or two loan options that work for you, you can take the steps

towards acquiring that money to start or support or grow your business.

Out Presenter, Boyd Karren

Boyd is “a serial entrepreneur”. He loves the world of small business and believes deeply that small business ownership is the key to strong communities.

Boyd has earned two master’s degrees in business: an MBA from Indiana University, and a Master of Global Management degree from the Thunderbird School of Global Management.

He became a business loan broker and started Otro Financial after experiencing his own difficulties in finding funding for his small business opportunities. While he can help businesses in any stage of growth, Boyd specializes in finding funds for start-ups and businesses under two years old, which is the most difficult time for a business to get funding. Boyd has helped many businesses find the money they needed, even after banks told them no.