WMU News

Picking a bank for small business financing is topic of workshop

Aug. 26, 1999

KALAMAZOO -- Picking a bank for a small business loan is the focus of a Thursday, Sept. 2, workshop presented by Western Michigan University's Women's Business Development Center.

Dee Velkoff, vice president of commercial lending for State Bank of Caledonia, will give information and tips for business women seeking assistance with finances in "How to Interview a Bank for a Small Business Loan," from 6:30 to 8:30 p.m. at the Kalamazoo YWCA, 353 E. Michigan.

Among the topics Velkoff will address are working capital lines of credit, equipment finances, commercial mortgages and tax-exempt bond issues. Velkoff has nearly a decade of experience in servicing the needs of small- to medium-sized businesses in Kalamazoo and surrounding areas. In addition to working for the State Bank of Caledonia, she also worked at FMB-Arcadia Bank and Old Kent Bank. A WMU alumnus, she holds bachelor's and MBA degrees from the University.

Co-sponsored by the YWCA and the Haworth College of Business, the program is part of a series of workshops offered by the Women's Business Development Center on the first Thursday of each month. It is free and open to the public.

The Women's Business Development Center was established by the Haworth College of Business to offer support to women business owners, potential owners and professionals through training, group and individual problem-solving consultation, current business information, and networking opportunities.

For more information, contact WBDC Director Pat Guenther, who also is the assistant director of WESTOPS, the University's Office of Public Service. She can be reached by phone at (616) 387-2714 or by email at <patricia.guenther@wmich.edu>.

Media contact: Marie Lee, 616 387-8400, marie.lee@wmich.edu

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