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When the bank says "no", I grow companies and save them from bankruptcy by getting them the money they need secured by their assets in amounts ranging from tens of thousands to tens of millions. |
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Business Lending Down Six PercentNov 30, 2009
Business loans in the third quarter of 2009 were down almost six percent according to The Wall Street Journal (subscription required).
No doubt this decline will pit those in Congress who claim that TARP funds should lead to increased lending against...
Walmart Shifts to Supply Chain FinanceNov 16, 2009
Wal-mart recently announced a new supply chain finance program according to this weekend's Wall Street Journal (subscription required). I first wrote about supply chain finance in April 2007.
This supply chain finance program will provide Wal-mart's...
CIT, Commercial Real Estate and WorkoutsNov 3, 2009
Lots of issues to think about these days with respect to loan workouts, CIT's bankruptcy and commercial real estate.
Last week, I attended the Risk Management Association's panel discussion on loan workouts and restructurings. Panelists included three...
$5 Million SBA Loans if Your Name is Joe or DougOct 21, 2009
Is the SBA considering increasing its guarantees for the SBA 7a loans program for loan amounts as high as $5 million?
Yes. But I think only if your name is Joe or Doug.
Here's a portion of what President Obama had to say about his thoughts on changes...
Commercial Real Estate - More Pain AheadOct 8, 2009
Commercial real estate losses could reach 45 percent next year according to an internal presentation at The Federal Reserve Bank.
As reported in The Wall Street Journal (subscription required), while not the central bank's formal opinion, the...
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