The world's largest Rotary Club in Seattle was the victim of a $350,000 embezzlement. If you lend to non-profits (including churches) you should be aware of the simple steps they can take to reduce the
Posted Oct 30 2009 by
Linda Keith
Many business lenders have been 'recruited' to the work out team. If a business is not in deep trouble yet, your bank's workout team may not have time to work with them.In the Forbes.com Turnaround
Posted Oct 27 2009 by
Linda Keith
One of my favorite 'work-out' lenders shared her update on SBA Changes, both with the increased guarantee and the SBA American Recovery Capital (ARC) program. Pere Mageo is the Vice President and Department Manager, SBA
Posted Oct 26 2009 by
Linda Keith
Every business lender needs to know all the options when your business borrower needs new equipment. Is a loan from your bank or credit union the best choice?Is it even an option given the borrowers
Posted Oct 23 2009 by
Linda Keith
I'll be presenting to Chief Lending Officers from Credit Unions around the country at the CUNA Lending Council 2009 Conference. Sure, it is likely the attendance will be down as it is for many business
Posted Oct 22 2009 by
Linda Keith
For lenders more than an hour from my usual open-enrollment cities of Seattle, Portland, Burlingame, Pasadena and Anaheim, travel time and money may be keeping you 'out of class'. No longer. In both Eugene, Oregon
Posted Oct 18 2009 by
Linda Keith
Lending to businesses and to business owners will be harder in the recovery than it was in the recession. The pre-recession year's are dropping off our radar and the worst years of the recession are
Posted Oct 18 2009 by
Linda Keith
No more excuses...the 2008 returns are here! In October, the 2008 returns will finally be filed by all individuals (including sole proprietorships, one-owner LLCs, S Corp shareholders and LLC/Partners filing 1065's). When you can get
Posted Oct 15 2009 by
Linda Keith
Do these sensations feel familiar? Upside down. Under water. In the dark. Can't see clearly. Running out of air. Many banks, many lenders, many businesses, and many business owners have felt that way at least
Posted Oct 13 2009 by
Linda Keith
Want to go kayaking? It is a water sport...you are going to get wet on occasion. Want to be in banking? Lending is risky...you are going to lose on occasion. The less problem loans, the
Posted Oct 06 2009 by
Linda Keith
In sea kayaking, you have to trust the people you are paddling with. Even if you are already at the boat launch and ready to go, if you get a bad feeling about a fellow
Posted Oct 01 2009 by
Linda Keith
In the September 2009 edition of his economic newsletter, Tea Leaf, Jeff Thredgold shares a lot of good news. In fact, over 40 bullet points of things to celebrate from 2008 and 2009 covering the
Posted Oct 01 2009 by
Linda Keith