commercial-loan

Reviewed by Robert T. Koveleskie, founder VentureDirectory.com

I have been in the capital raising business for many years and I strongly recommend this book for anyone attempting to raise capital for the first time. I also recommend it for financial planners, bankers, attorneys and accountants in case a client is interested in raising capital for a venture. This book is very direct. It covers well the type of money available for start-up businesses and how to go about getting it. A few important things it points out is that you must have a sound business in place if you expect to get the professional money people interested and you must have a professional business plan that tells them all about your business. Raising capital is no different than any other business. It takes a good product, good management in place, and a lot of long hours contacting the right people and selling hard. Finally, after you raise the money, the real hard work begins, for you have expectations of your investors to make good.

START UP FINANCING discusses the various sources of startup money for a new or growing business. It gives the pros and cons of each type of financing. It also discusses in some detail what each type of investor or lender is looking for in making a decision to become involved with your company Several very important issues that every entrepreneur must keep in mind are the following: 1. Your strategy for the business must be sound to have a hope of raising money from any source. You must have identified and described the unique features of your product or service and the existence of a market for this product or service. In the words of Mary Kay Ash, the founder of Mary Kay Cosmetics--"Money isn't everything you also have to know what you are doing." 2. You must remember that in raising financing for your business your marketing skills may be just as important as your entrepreneurial skills. Whether you like it or not you must be a pretty good sales person. And, you have only several t

I would just like to read other readers reviews. I have read and translated in Russian the "Effective Loan Management" by Ed Morsman which I found excellent, and I am also would like to do the same with this book.

Borrowing To Build Your Business: Getting Your Banker To Say "Yes" by small business advisor George M. Dawson (University of Texas at San Antonio Small Business Development Center) is a straightforward, "reader friendly" guide to convincing any bank loan officer to solidly back an entrepreneurial or corporate enterprise. From selecting the best possible banker, to being aware of the pressures on banks and bankers, to the test of the five big C's (Character, Capacity, Condition, Collateral, and Capital), Borrowing To Build Your Business is a first-rate and highly recommended primer of solid, basic, practical advice that every business owner should know before seeking to secure financial assistance from a lending institution.

As a commercial lender myself, I find myself recommending this book both to prospective borrowers as well as to some branch managers who may be rusty on the Small Business Lending process.

This book gives easy to understand explanations and rationales behind some of the confusing things banks ask their borrowers to do. It gives simple examples and descriptions that help me interpret the process to my customers.

Even after many years of lending money to companies, I find myself reaching for it to remind me of little details I have forgotten. It is well-written and very useful.

I would suggest the author update to include credit scoring issues which are now common in the Small Business Banking arena.

As I am a loan officer, I think that this book is a masterpiece. Eespecially, The book covers the naked analysis of an unsucessful corporate's financial statement. I'd like to call it Corporate Anatomy!

I couldn't put this one down. Stalfort captures the crackling intrigue of Maryland commercial forms in a way that grabs you by the lapels and won't let go until this thrill ride is over. Show me where to sign!

A rigourously detailed, cited, and sad indictment on one of the most significant domestic issues in recent U.S.A. history. Read how the bankers and politicians saw it coming, but instead of prevention, deliberatly increased the magnitude of the crisis to a level of such massive debt, that the American public would be forced to flip the bill instead of the criminals who are at fault.

one must read this book. This book is a great experience of every reader who can go throughly.

I did not find this book helpful at all. I guess I should have known better, but I thought maybe it would have one piece of useful information. It didn't.

This book lists sources of funding or assistance for both profit and non-profit organizations. Naturally, most of these funds are allocated to community development, social issues, conservation and economic development. Each listing includes relevant information such as the contact person, address and phone number, proposal deadlines, information on amounts previously given, and the required qualifications for receiving the funds. Resources can be in the form of cash awards, endowments, continuing support, grants, loans, matching funds, consulting services or technical assistance for operating budgets, seed money, emergency funds, building, equipment, research or special projects, for example. Most sources are restricted to certain geographical regions and these are categorized in the book under its respective state. However, there are some programs which fund national and international projects and these are categorized by topic, such as: agriculture, finance, health, conservation and real estate.

This book is a great refrence for the many small business owners who are looking to expand on their great businesses. This is a great book in a overall perpective. I belive that this book will help a lot of business people out. I will gladly thank you for making this book for small business people like my self.

The CDROM is essentially a dump of the information found on government websites such as SBA, SEC, etc.

The information is voluminous so if you have a slow modem, there may be some value in purchasing the info on the CDROM for the sake of having it consolidated in one place. You will learn little new if you have already been to the websites.

Also, some of the links on the CDROM do not work properly. You open the page in Adobe Acrobat and receive and error message saying the page has to be opened in a browser. You open the page in a browser and you get a message saying the page has to be opened in Adobe Acrobat.

That kind of foolishness more or less sums up the value of the CDROM from my perspective.

Not only is all of this info available online, but the CD gives you a collection of non-indexed, gigantically HUGE Acrobat PDF files, some about 100MB in size. Navigating a 5MB text PDF is painfully slow - try 100 MB. Finding what you're seeking is practically impossible, and navigating PDFs of that size takes an eternity. Even a fast machine takes a couple minutes just to load the files into Acrobat, never mind doing searches, etc.

If they had broken up the files and named them logically (instead of titles like A1, B1, etc.), and provided some kind of indexing application or document that would point you to specifically what you wanted, then, yes, it might be handy to have. Otherwise, go online, and find answers 100 times more quickly. This is a ridiculously poorly done CD-ROM in this day and age. Big waste of $, in my opinion. If you have a slower/older computer without much memory, you'd REALLY want to avoid this thing like the plague.

This disc contains pdf files downloaded from government web pages. Save yourself the money and go to the SBA, GSA, SEC web pages yourself and look up the information that is relevant to you.