Category Archives: Commercial Banking

When Will My Bank Forgive My PPP Loan?

When Will My Bank Forgive My PPP Loan? You did what you thought was best in April and took out a Paycheck Protection Program (PPP) […]

4 Ways to Navigate the Coming Recession

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The financial media are in a tizzy. The latest predictors are showing the US economy may be headed for a recession.  After ten long years of economic expansion it looks like the party is coming to an end. As a business owner, this impacts you in a very real way.  As a leader whose job it is to care for those who work for you, the thought of a reduction in work and the potential of layoffs is miserable. Considering you know the names of the family members rely […]

8 Life Lessons I Learned Teaching Business in the Amazon Jungle

​If you could dedicate yourself to one cause what would it be?  Where would you go and who would you serve if you had the opportunity?  When we were in our early twenties my wife and I talked about this often.  Through a series of events over multiple years, we moved in September 2006 to Peru South America to spend the next four years there with a Christian development organization. We lived in the Amazon city of Pucallpa, Peru for most of that time.  Throug […]

3 Steps to Tracking the Lifeblood of Your Business

The cooler weather, the start of football, it can only mean one thing: budget season! Yes, it is very near the time of year when the accountants prepare their crystal balls about the expected sales and expenses for the next calendar year. As you have heard a thousand times, “Cash is King”. The absence of cash is blamed for the premature death of many great business ideas. However, many budgets simply compare expected revenue for the year by a line item near […]

3 Ratios Your Banker is Watching in Your Business

Running a privately held business is adventurous, exciting and risky. It is fun to be an entrepreneur and to interact with a diverse group of advisers and associates as you conduct business. If you are among the many businesses utilizing bank financing, one of these individuals needs to be a sharp commercial lender.Commercial lenders, also called Business Bankers, deal specifically with the business men and women using their hard earned capital to make investments for the future. By lendi […]