Feasibility Studies

Feasibility Studies

Case Study: Feasibility Studies Background A bank approved a loan for my client subject to a feasibility study to confirm the need for the new center. Challenge My client had management experience, good credit, and a reasonable down payment but didn’t have any hard...
Debt Consolidation Loans

Debt Consolidation Loans

Case Study: Debt Consolidation Loans Background My client had a relatively successful center in a small town.  However, it was in run down condition when he bought it and the loan that he used to finance the purchase did not include any money for upgrades. ...
Bowling As A General Purpose

Bowling As A General Purpose

Case Study: Bowling As A General Purpose Background A former client wanted to refinance his SBA loan since it had a variable interest rate and rates had risen substantially since the loan was put in place. Challenge Bankers normally consider bowling buildings to be...
Non-SBA Solutions

Non-SBA Solutions

Background My clients bought their center several years before and wanted to refi into a fixed rate and pay back some debt owed to shareholders.   Challenge An SBA loan would normally meet my clients’ requirements, but it cannot be used to pay shareholders...