Even before the Great Recession there were plenty of “alternative” (non-bank) lenders but the number exploded in the past several years
CHICAGO, IL (PRWEB) February 25, 2016
Cash is the lifeblood of any business. While some companies operate solely with their own working capital, most must borrow money from time to time. Borrowing, of course, includes something as mundane as buying goods or services on credit (whether on credit terms or by using a credit card). But most companies of any significant size have a revolving line of credit or a term loan, or both, with a bank or other company that is in the business of lending. This webinar series explores where companies should look for business loans, how to negotiate them, and what to do if they default under them.
As with all Financial Poise™ webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.
Episode #2 of this BUSINESS BORROWING BASICS 2016 series is "Alternative Financing - When the Bank Says No" (Register Here). Moderator Tom O'Hare of Concord Financial Advisors will be joined by Rick Rosenbloom of Fuel Break Capital Partners, Alex Mazer of Big Shoulders Capital and Jacen Dinoff of KCP Advisory.
Just because the Bank says “No” doesn’t mean a business is out of options. Even before the Great Recession there were plenty of “alternative” (non-bank) lenders but the number exploded in the past several years. Peer-to-peer lending, alone, came out of nowhere just a few years ago to become a major source of financing for millions of businesses. And this new business model is just the latest entrant into the larger category of what is commonly called “alternative lenders.” This webinar paints a picture of what the alternative lender landscape looks like, how to access it, how to assess individual lenders, and discusses the pros and cons of going various routes.
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Financial Poise™ provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.