Martinka Consulting's Getting the Deal Done Podcast

Banking and Buy-Sell Loans - What the Golden Rule Really Means

May 28, 2021 John & Jessica Martinka Season 2 Episode 31
Martinka Consulting's Getting the Deal Done Podcast
Banking and Buy-Sell Loans - What the Golden Rule Really Means
Show Notes

The Golden Rule - whoever has the gold (money) makes the rules.

In most SMB buy-sell deals the bank has most of the money and, therefore, they make the rules. And like everything else in life, the rules aren't static.

I go over:

  • The main differences between conventional and SBA loans.
  • What you can and can't do with an SBA loan.
  • Why debt coverage is so very, very important
  • The 5 C's of banking and why they've reappeared
  • A bank president's opinion on a borrower putting up their home equity

All in non-technical (no bankese) language

John Martinka
Jessica Martinka

Contact us via either website or give us a call and be sure to check out our videos
https://nokomisadvisory.com/
https://www.martinkaconsulting.com/
https://www.youtube.com/c/JohnAMartinka/videos
425-515-4903