NFDA Lunch and Learn Webinar sponsored by Live Oak Bank.
All webinar times are U.S. central time.
CE is not available for this free event.
When I hear succession, I think retirement. Do you? If not - you should. Many business owners are relying on the proceeds from the sale of their business to fund their retirement. This places significance on the understanding of healthy business practices from the day you purchase the business to the day you sell. In this session, Tim Bridgers, Nick Padlo, and Andrew Kennedy will share insights on EBITDA management that can be vital to meeting your succession goals. Don't have a goal in mind yet? We will help you understand the steps required to determine those goals and why the goals are important to the successful operation of your business.
50 attendees, by random drawing, will receive a $20 lunch gift card the next day for attending.
About the Presenters:
Tim Bridgers, Senior Vice President of Funeral Home and Cemetery Lending @ Live Oak Bank.
Tim Bridgers is the Senior Vice President of the Funeral Home and Cemetery Lending team at Live Oak Bank. As a former business owner, Tim understands the challenges that business owners face. Combined with his extensive experience in financing, Tim’s team has provided over $500 million in loans nationwide to owners of funeral homes, cemeteries and cremation businesses. He currently serves as a Trustee for the Selected Educational Trust board, and on the advisory board of Worsham College of Mortuary Science.
Tim and his team of non-commissioned financing experts maintain an undeniable focus of helping funeral home and cemetery owners make the right financial decisions for their business’s long-term success. Their goal is solely to help you reach your goals. Imagine speaking to a lender who understands all phases of your business and not having to explain the terminology and nuances of the funeral profession. This provides more time to establish a meaningful business relationship with you.
Tim studied Mechanical Engineering at the University of North Carolina at Charlotte, Business at the University of North Carolina at Wilmington, and completed his Finance degree at Liberty University. Tim is currently studying for his MBA at UNC Chapel Hill. This diverse education prepared Tim for success in sales, marketing, and management. Tim is dedicated to assisting small business owners in the funeral profession become and remain successful with Live Oak Bank’s products and services.
Tim has presented at ICCFA, NFDA, and Selected National meetings on several occasions over the past 6 years on topics of key metrics, succession, acquisition, employee empowerment, and financing. Tim has also spoken at mortuary colleges across the US, teaching graduate students about cash flow and business. In addition, Tim has spoken at Illinois, Michigan, Ohio, Texas, Florida, New Jersey, and other state association educational events. All of this experience has been with accredited CE education and not an effort to solicit Live Oak Bank.
Andrew Kennedy began his career at Live Oak Bank in 2018 as a business analyst servicing Funeral Home customers on the west coast and Fitness Center customers all across the country. He now serves as a Loan Officer specializing in Funeral Home and Cemetery financing. Andrew graduated from Wake Forest University where he majored in Communication and minored in Entrepreneurship and Social Enterprise. In his free time, he enjoys playing golf and traveling.
Nick Padlo joined Live Oak Bank in 2014 as a business advisor servicing Healthcare customers in the northeast. He also worked as an underwriter for Live Oak’s Agriculture Lending team. Since 2016, Nick has dedicated himself to developing new business relationships with customers and referral partners as the Vice President for the Funeral Home and Cemetery Lending team. Nick attended St. Bonaventure University majoring in finance and minoring in economics.