Loan Workouts – Understanding the Options

by Jeff Wright

After the Great Recession of 2008-2009, the economy experienced a decade of growth. M&A and private equity investment were at high levels, interest rates and unemployment were low and other…

Creative Business Financing

by Jeff Wright

Creative Business Financing Once you burn through your own cash and that of your family and friends, it’s time to consider other sources of financing to grow your business if…

When PPP Isn’t Enough

by Jeff Wright

The Paycheck Protection Program (PPP), along with other federal and state initiatives, helped many business stay afloat during the COVID-19 pandemic. Many would have closed permanently because they lacked the…

When the Bank Says No

by Jeff Wright

Why do Banks Deny Borrowers? During this time of uncertainty, you may find that traditional banks are tightening their credit requirements, making it harder to obtain the working capital you…

Business Development: What Does it Really Mean?

by Jeff Wright

Business Development Means Different Things to Different People Some may consider developing new products or services to be business development. To those on the sales side, it may be identifying…

Five Best Cash Flow Practices for Your Clients

by Jeff Wright

Maintaining Healthy Cash Flow Practices is Key to Sustaining and Growing any Business Constantly monitoring, analyzing, and adjusting for economic downturns, seasonality, competition, and industry trends can position a company to…