Your business borrowers are making big decisions in very 'confused seas'. Is it time to:Rehire workers?Add to production?Beef up inventory?Market more aggressively?Borrow money?Last weekend I planned to take the kayak out for a trial
Aldonna Ambler is a growth strategist and a friend of mine. She has a background in venture capital and in starting and growing multiple businesses. She works with community banks among other client niches. She
This would be a bad time to miss an add to taxable income. Your borrower's need all the help they can get to qualify for your loan.Some in this list are personal and some are
Limited Liability Companies...the darling of small business. Along with S Corporations, probably one of the most used entity-types.What is in a name?Be cautious...a Limited Liability Company (LLC) is not the same as a Limited Partnership.
Here is a business resource for you. Use it:to understand business growth strategies better so you canhave more helpful conversations with business borrowers better assess their growth strategies...will their plan work?strengthen your relationshipas a good
Sam Thacker works with small businesses to secure all types of financing. He is often referred by bankers who either can't do the deal themselves or realize the borrower needs help putting together the loan
Now it's personal! This is just for you and really has nothing to do with business and lending. Ready to prepare your 2009 tax returns (or gather your info for your preparer)?Tax Guide from Journal
In case you are talking with an elected official or community leader who needs facts to support the anecdotal evidence, here are some facts gleaned from a recent article, For Want of a Loan, in
While business lenders are well advised to be careful giving advice, you also play an important role in the brainstorming process when talking with your borrowers. Developing your business know-how helps when meeting with:a prospective
SHORT ANSWER in case you cannot read the entire post: Meet with you small business borrowers for a new needs assessment Visit at least 3.3 times each year Understand their business Demonstrate that you understand
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