BLOG

How Much Can You Safely Borrow?

How Much Can You Safely Borrow?

A construction company once approached me for advice. They’ve been in business for five years at that point, and they have never borrowed money before that time. They did approach banks, but they weren’t sure how to tell them about what they need. The president was an...

read more
Why are banks so slow?

Why are banks so slow?

From the last post, I told you about some the debt service coverage ratio. If you haven’t read that yet, here’s the link. Now I want to let you in a little secret.You see, a couple of weeks ago, an associate of mine approached me about a problem they had with a...

read more