Wednesday, March 10, 2010

BUSINESS WORKOUTS ARTICLES

Why bankers sometimes are so unwilling to compromise?

Why are some bankers so unwilling to compromise? In a word, because it works. Their... 


There are three things that cannot be hidden: the sun, the moon and the truth – Confucius

I say, this is the best business rule we can all get behind and follow. Think about... 


Too good to be true? Our workout strategies are very good and very true.

It has been said on almost every client consultation that our plan and projections... 


It’s a tag team match, us and our clients against the Credit Card companies, and we are winning.

We do not generally accept credit card workouts; we do however take care of the... 


Workouts do not allow for many important financial and lifestyle expenses.

Surprise, many commitments you have made will not be tolerated in a workout, be prepared... 


Franchise workouts, a different beast but it can be done.

Photo by Brent and MariLynn Many franchise businesses are getting very hard hit by... 


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SBA LOAN WORKOUTS ARTICLES

Our SBA Loan Default Workout Guaranty: We will never have to pay it out!

Our guaranty is a direct reflection of our success. In short, with the appropriate... 


How deep can debt forgiveness go when working out a defaulted SBA guaranteed loan (or a non guaranteed bank loan)?

This is a very complicated issue with many contributing factors: Some of the issues... 


There are three things that cannot be hidden: the sun, the moon and the truth – Confucius

I say, this is the best business rule we can all get behind and follow. Think about... 


Managing your debt… it is really a waste of your time.

I see it all the time, small business owners, trapped in a down cycle, with debt... 


An SBA guaranteed loan workout can fail because the ‘offer in compromise package’ was not designed appropriately even though the offer amount was probably acceptable.

A potential client just explained to me, he had made an offer for approximately $450,000... 


You do not have to be dead broke to do a workout.

One frequently held misconception to do a workout is that one must be dead broke,... 


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BUSINESS WORKOUTS ARTICLES

Why bankers sometimes are so unwilling to compromise?

Why are some bankers so unwilling to compromise? In a word, because it works. Their tough boy, no nonsense, no compromise demeanor results in much higher payoffs to their bank. Since it works, they continue to intimidate, threaten, cajole and demand as close to a full pay off as possible. They frequently demand the borrowers hand over protected 401k... [Read more of this review]


There are three things that cannot be hidden: the sun, the moon and the truth – Confucius

I say, this is the best business rule we can all get behind and follow. Think about how much better our business world would be for all involved if we set this standard as the standard we conduct business. Think of what we could all accomplish. Some would argue that we all cannot agree on the same truth. I would say that’s nonsense, there is only... [Read more of this review]


Too good to be true? Our workout strategies are very good and very true.

It has been said on almost every client consultation that our plan and projections are ‘too good to be true’. It’s my most frequent obstacle to overcome when I am offering our service to a small business owner. “How can you possibly deliver what you say when everyone else is telling me to file bankruptcy or pay in full? And these... [Read more of this review]


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