UW and Wyoming SBDC Network Host ‘Demystifying Small Business Bank Loans’ Webinar

Applying for a bank loan can bring with it all kinds of concerns and questions for small-business owners. 

Victor Allen, Wyoming Community Bank’s senior vice president, will present a Wyoming Small Business Development Center (SBDC) Network webinar titled “Demystifying Small Business Bank Loans” Tuesday, Feb. 28, from 2-3 p.m. To register, go here. Registration is free. 

During the webinar, Allen will cover how small-business bank loans work; how they are awarded; and what small-business owners need to have to receive bank loans. 

A native of Wyoming, Allen received his bachelor’s degree in agricultural business from the University of Minnesota. He held various positions engaged in profit-and-loss roles as a product and business manager for multiple business lines. 

After obtaining his MBA from Wake Forest University, he went on to work in financial planning and analysis, and corporate development. He eventually held the position of global corporate treasurer at Eastman Chemical Co. He served as chief financial officer with a startup algal technology company that grew, harvested and separated algae into proteins, oils and high-value nutraceuticals. He also provided CFO consulting services for smaller companies until joining Wyoming Community Bank as a senior vice president responsible for agricultural and commercial loans. 

For more information, call Maureen Johnson, marketing, communication and database manager for the Wyoming SBDC Network, at (307) 343-0925 or email mjohn125@uwyo.edu. 

The Wyoming SBDC Network offers business expertise to help Wyoming residents think about, launch, grow, reinvent or exit their business. The Wyoming SBDC Network is hosted by the University of Wyoming with state funds from the Wyoming Business Council and funded, in part, through a cooperative agreement with the U.S. Small Business Administration.