Lenders and Business Owners, this site is for you!
I hope you find something of value and hope that you add your comments where you see fit. They may help someone some day!
Rob Severson
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- BANKERS GOT YOU DOWN?
- HELPING FOLKS IN TRANSITION AND STARTING THEIR CAREERS
My favorite expression when dealing with lending institutions (said most often in private) is that “bankers walk backward”. It was a surprise if prospective lenders asked for projections but rather dwelled on past financials. Seems to me you need historical perspective with primary focus on where the business is headed.