The Cooperative Bank of Cape Cod and South Eastern Economic Development (SEED) Corporation have partnered to present two free small business workshops on Wednesday, May 21, at CapeSpace in Hyannis.
The first session from 9 a.m. to noon will focus on business fundamentals. An afternoon session from 12:30 p.m. to 2 p.m. will prioritize reading and understanding balance sheets, income statements and cash flow statements, as well as how to anticipate financial needs to operate a business more efficiently.
Light refreshments and lunch will be provided, and advance registration for each session is required.
Allyson Brainson, Business Banking Market Leader, and members of her team will be available to speak with attendees and answer any questions they may have.
“We look forward to welcoming entrepreneurs and small business owners to begin the financial learning process or obtain a refresher course in sound financial fundamentals,” said Lisa Oliver, Chair of the Board, President and CEO, The Cooperative Bank of Cape Cod. “SEED Corp. and the Bank have formed a powerful partnership and are committed to providing access to tools and information needed for entrepreneurs to grow and thrive in today’s competitive business environment.”
Attendees will also receive free workshop materials and will be introduced to free and confidential business assistance resources available locally and regionally.
Those interested in attending one or both workshops must register in advance here.
About SEED Corporation
South Eastern Economic Development (SEED) Corporation is a regional nonprofit economic development corporation with the mission of empowering entrepreneurs, strengthening local economies, and creating jobs by financing all types of small businesses in Massachusetts and Rhode Island. With loan programs ranging from $1,000 micro loans to $5.5 million SBA 504 loans and a long history of assisting small business owners, SEED is a one-stop shop for anyone looking to start-up, grow, or streamline their business.
About The Cooperative Bank of Cape Cod
The Cooperative Bank of Cape Cod is an independent mutual community bank with more than $1.6B in assets and 170 employees. The Coop is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), which means 100% of deposit balances are insured in full.
The Coop delivers a robust suite of digital and traditional banking products including mobile and online banking, person-to-person payments, business loans, mortgages, cash management, credit cards, merchant card transaction processing, payroll services and checking and savings accounts. The bank also offers dedicated staff and customized programs to support businesses of all sizes, a major driver of the regional economy, by offering products including construction loans, mortgage loans, lines of credit, term loans and time notes.
Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner with local nonprofits addressing needs and challenges of the community and named a 2021 and 2022 Top 100 Charitable Organization by the Boston Business Journal.
Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com, www.facebook.com/mycapecodbank or call 508-568-3400.