Equipment Finance can help improve cash flow and also improve working capital. It typically involves a lender giving a business financing that is secured by a piece of equipment. It also gives the borrower an opportunity to set up guidance lines for future equipment purchases within the next year. Primary goal of the guidance line is speed to market.
Speaker: Roderick W. Hart II, Territory Manager, MD, DC & VA
Roderick joined First Union Bank as a VP after earning a BBA at Virginia State University. As a result of various mergers and acquisitions, he now holds the same position with Wells Fargo. Roderick has been in banking for over 20 years and is a member of the Equipment Leasing & Finance Association. Out of the office, Roderick enjoys coaching youth football, and as a former college baseball player he enjoys teaching teamwork and life lessons to the players he has coached over the years. He is also dedicated to serving the community and is the past Financial Secretary, Treasurer and current member of Alpha Phi Alpha Fraternity, Inc in Montgomery County Maryland and member of the Fathers Club at Mount St Joseph High School in Baltimore, Maryland.
Topic: 50 Ways to Lose Your Exemption Presented by: Catherine Pennington, CPA
Were you aware that a Non-Profit can actually lose their tax exemption? Had you ever thought how devastating this would be should it happen? You owe it to your Non-Profit or Non-Profit clients to be as educated on this topic as possible.
What you’ll learn: The guiding principle of this session is that if you have a tax exemption, there is a way you can lose it. We’ll examine the specific requirements of common types of exempt status, requirements that need to be monitored or avoided. We’ll also look at several real-life examples of organizations that either lost their exemption of failed in the attempt to gain exempt status and what they might have done differently.
Who will Benefit? The session will benefit CFO's and Executive Directors who present regularly to their Finance Committee and board, financial heads of staff at non-profits as well as auditors who make financial presentations to their non-profit clients
Future meeting dates: August 17th September 21st October 19th November 16th more info...