Leverage Our Network to Improve Your Approval Rate The process is familiar and repeated. Your business needs debt capital and you first go to your chosen source at one lender, usually your bank or credit union. At the end of a longer than necessary process and repeated back and forth questions and requests there is […]
Diversification is a risk management technique to reduce volatility, produce stable returns and deliver a higher net benefit. A diversified capital pool will have a cost that lies between single source debt capital and opportunity cost. The opportunity cost is the lost revenue from being unable to operate due to a lack of capital. Most […]
How do you not take it personally? It’s your business and you have put all that you have into it. With each milestone, success and at times failure, your business and you have been indistinguishable. But, when it comes time to make decisions, decisions that will determine the future of the business, it might be […]
Being more successful than you anticipated is a great feeling. Coming up short when you didn’t expect to isn’t as enjoyable. Both are warning signs to potential financing and investment partners. You shouldn’t be expected to predict the future but you should have a strong plan and be ready to back it up. At the […]
Do you find the financing process frustrating? It takes too long, you’re asked for things repeatedly and there is a non-stop stream of questions. It’s a process that can create stress and anxiety. What you need is the capital when you need it. You know what to do to win a customer’s business. Build relationships, […]
With the season of love at hand, there sure hasn’t been a lot of love between banks and businesses this past year. There has been an alarmingly high divorce rate between business owners and their banks. This is a relationship where one partner (i.e. the bank) has the full force of a team of dedicated […]
As a business owner at some point you will be faced with the decision to either take on more debt or restructure the debt in place. Your sales might be growing or slowing but either way there exists an opportunity (perhaps need) to use debt to shore up your cash flow. Whether you choose to […]
Having over 20 years’ experience arranging financing for industrial based SME’s (i.e. small & medium sized businesses), I am reminded yet again of how diversification is so important in all things business including debt. Downside to Asset Based Financing from the Banks Getting asset based financing from the bank at low interest rates may seem […]
The fact some people dedicate their life to working on a new product or idea or strive to improve existing ones is crucial to our quality of life, prosperity and even peace as a nation. These people are the inventors, entrepreneurs and business leaders all around us. Sound like a stretch? Consider the following simple examples before discouraging your kids or […]