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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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...
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...
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 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...
Less than a year ago, then Chairman and CEO of Bank of America, Ken Lewis, was named Banker of the Year for the second time by American Banker.
Today, The Wall Street Journal (subscription required) announced that Mr. Lewis will retire from Bank of...