Business

How To WOW a Banker When You Need to Borrow Money for Your Business

blueshirt-guy

If you are an electrician or a plumber, the tools of your trade are obvious.  The basic tools and techniques used by bankers to assess a loan request for a business are relatively simple but a little more difficult to decipher.  Larger companies have full time business managers who know [...]

5 Tips to Negotiating a Business Loan in an Unstable Economy

bizhandshake

Despite the uncertainty in the economy, banks still have money and they need to lend it.  So, here are five ways you can increase your chances to accessing some of this cash so that your business can grow and you can manage the payments:   1. Clean Up Your Financial [...]

Happy Groundhog Day to Ben Bernanke

percent

I haven’t the slightest idea what will happen if Ben Bernanke sees his shadow on February 2.  However, the Federal Reserve Chairman did shed some additional light on the future of monetary policy on January 25.   At their two-day meeting, the Federal Open Market Committee (FOMC) decided to leave [...]

Calling All Veterans

Bob Polito at Ft. Leonard Wood Missouri

The SBA has made it a top priority to assist veterans in financing their businesses or even starting up a business. In June of 2007, the SBA created the very popular SBA Patriot Express Loan Program. This loan program, known as the “GI BILL” for businesses, has a maximum loan [...]

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