So once again you are looking all over the K-1 for the owner's capital contributions, or whether the distributions are cash or property, or the borrower's share of liabilities. Where the heck did it go?
In the June 15-21, 2007 issue of the Puget Sound Business Journal (PSBJ), Reid Adamson of Baldwin Resource Group advises real estate developers: "Don't just choose a banker -- chose right bank". The recent new
"How do we teach the next generation of bankers?" queries Ben Shandrow, SVP at Columbia Bank in Washington State. Here is the short version...read the article Ripples in the Pond in the RMA Spring Newsletter.
Especially with a start-up business, sometimes the business borrower does not know all the questions to ask. Pair that with a newer lender and some critical piece of the communication may be dropped. Ten questions...
It is no surprise that the current rate environment is pinching the profits of lenders. If you missed it, there is a good article in the Puget Sound Business Journal in which economists say tough
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