I don’t know where or how they found me, but it is neat to be among the top 11 financing coaches! Check out link: http://www.badcredit.org/11-best-finance-coaches/
In my 40-year career I have met with 100’s of business people seeking loans. It is the fun part of what I do. But I’ve also seen some common mistakes that entrepreneurs make, particularly when talking to a banker. Sometimes I think bankers speak a different language than entrepreneurs. Be very careful that what you […]
I think we all have said that at one time or another. My business is coaching businesses that rely on bank’s for financing and I too get angry once in a while. But my role is to teach my clients how lending works and what they need to do to communicate and keep their financing […]
Well that sure sounds good doesn’t it? It just makes sense that we should all own a home! I for one disagree! I think there is so much more to home ownership than just getting the mortgage and moving in. even though one may qualify for the loan there are other things to consider that […]
I have been reading about the mortgage deals Obama is proposing for folks whose home values are less than their mortgage balances. As I understand it, he wants to get lower rate financing for these folks that are current on their mortgages and would like a lower payment on their loans. I don’t understand how […]
ARE VENTURE CAPITALISTS GREEDY? That is what they say, some even call them vulture capitalists! Well, I’m sure some are and some aren’t like in any business. But in he case of VC’s is there good reason to be “greedy”? I was in the venture capital business for four years and learned a lot about […]
I’ve been thinking about the similarities of banks and government, especially on how they work with small businesses. I have spent 30 years working with them and see quite a few similarities. One of lenders prime functions is to provide the funds to keep businesses going and to succeed. They set loan covenants that are […]
Bankers don’t like surprises; even if it’s their fault! I have a client situation that could be oft repeated in the next several years. I have a client who was financed by a bank for several years and everything seemed to be working fine until his banker was promoted and he got a new one. […]
I heard a businessman in New Orleans talk about financing on a news show last night. He said it was difficult to get expansion financing and he contacted about 20 banks before he got the financing he needed. His comment was: I finally figured out how to present the request! I wish i could have […]
Maybe we really do need a nanny! The banking overdraft fee laws are really interesting to me for several reasons. First, the idea that banks are wrong to charge customers for the privilege of borrowing money without asking is a puzzling one. That is what overdrafts are; borrowing money without asking for permission. I admit […]
