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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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...