The Six Rules of Business Borrowing Grovetown GA

Rules” to business borrowing! An interesting concept. True — the “rules” presented below may be considered as act-on “options”. But the consequences of not being aware of these options, achieving a successful business loan program, can be costly to your business, your fortune and your peace of mind.

David E. Moore (RFC®), LUTCF
803 613 9486 x-12
Talbert & Moore Business Center
North Augusta, SC
Company
Talbert & Moore Financial Group
Qualifications
Education: MDRT, RFC, CLTC, LUTCF
Years of Experience: 20
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, LiabCover

Data Provided by:
James D Loftin (RFC®), CFP
(404) 419-2311
3500 Lenox Rd, NE
Atlanta, GA
Company
GERLOFTIN Wealth Advisors, LLC and United Planners
Qualifications
Education: BA
Years of Experience: 14
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Retirement Planning, Seminars Work, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Education Plan, Charitable Foundations, Asset Protection, BuySell

Data Provided by:
Mr. Maurice O. Miller (RFC®), CEP, MBA
(404) 298-0054
PO Box 1366
Stone Mountain, GA
Company
TM Financial Group, Inc/PBBIC Strategies
Qualifications
Education: BS, MBA
Years of Experience: 16
Membership
IARFC, NAPFA, NICEP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Charitable Foundations, Asset Protection, BuySell, LiabCover, Compensation Plans

Data Provided by:
Olatunde A. Awelewa (RFC®), MBA
(770) 909-0679
5191 River Walk Ct Apt B
Atlanta, GA
Qualifications
Education: BSC, MBA, MPA,RFC
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Business Coach

Data Provided by:
Kevin Thomas
(888) 551-2086
Savannah, GA
Coaching Types
Business
Gender
Male
Certifications
Licensed with Professional Business Coach Alliance

Data Provided by:
Mr. Alfred Lee Dingler (RFC®), CHFC, CLU
(770) 471-8888
1205 Hwy 92 South
Fayetteville, GA
Company
Prime Financial Services
Qualifications
Education: BBA Georgia State University
Years of Experience: 26
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Retirement Planning, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, LiabCover, Compensation Plans

Data Provided by:
Mr. John R. Murray (RFC®), LUTCF
(912) 265-1932
PO Box 1733
Brunswick, GA
Company
John Murray & Associates Financial Group
Qualifications
Education: 31 Years in Public Accounting and Tax Services.20 Years in Insurance andFinancial Services.
Years of Experience: 25
Membership
IARFC, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Family Offices, Mortgage Loans, Annuities, Life Insurance, Long Term Care Insurance, Medical Insurance, Business Coach, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mr. Lawrence W. Hoffman (RFC®), CFP, CHFC
(706) 323-9980
18 9th Street, Suite 500
Columbus, GA
Company
First Command Financial Planning
Qualifications
Education: BS in General Engineering from United States Military Academy (West Point). MS in Administration from Central Michigan. MS in Secondary School Education (Principal) from East Central University (Oklahoma).
Years of Experience: 11
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Family Offices, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Auto Home Insurance, Charitable Planning, Education Plan, Asset Protection, BuySell, LiabCover, Compensation Plans

Data Provided by:
Mr. John E. Redfearn (RFC®), CFP, CHFC, CLU, CSA
(678) 579-0488
7000 Central Pkwy. NE
Atlanta, GA
Company
MD Planning Group, LLC
Qualifications
Education: BA, MEd, MA (Bus Admin)
Years of Experience: 17
Membership
IARFC, MDRT, FPA, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Charitable Planning, Education Plan, Healthcare Accounts, Asset

Data Provided by:
Tammy Bush Hibler
(678) 453-8084
Marietta, GA
Coaching Types
Leadership, Business, Life
Rates
$125/Hr
Gender
Female
Certifications
CPCC, RCC, LCL, ACC in application

Data Provided by:
Data Provided by:

The Six Rules of Business Borrowing

Provided By: 

Business Borrowers Should Consider BOTH Traditional and Alternative Lenders
By Kenneth P. Easton, Jr.

“Rules” to business borrowing! An interesting concept. True — the “rules” presented below may be considered as act-on “options”. But the consequences of not being aware of these options, achieving a successful business loan program, can be costly to your business, your fortune and your peace of mind.

“Rules” are actions businesses should adopt ensuring they obtain the best arrangements with their current lender; in good times or in worst case scenarios. These rules also apply to a new or replacement lender (whether the move is voluntary or forced by circumstances).
Observation: There is a great diversity of lenders out there — which one (or two) will be best for you? Only a few can address your specific needs or situation. However, your search process may well determine not only the success and costs of your quest, but the duration —from 30 days to possibly a year or more. No one needs that kind of a hold up.


Know Your Money Sources

The “Traditional Lenders” are commercial banks and thrift institutions (savings banks) that continue to be the most utilized sources. Many stop there simply hopeful for the best deal — unaware of the many, and probably more appropriate, alternatives. Frequently, physical convenience dictates choice — not relevant in this “connected” age. You want the best deal, not the shortest walk. These “mainstream” or “prime” lenders offer: standard loan products; rather inflexible loan structures; unattractive pricing options; and “boilerplate” loan covenants. Neither too receptive nor creative. There are, of course, unique exceptions; especially within “community banks”. Tough credit situations or specialized loan needs are best left to alternative lenders.

“Alternative Lenders” offer wide spectrums of business loans; meeting unique needs and quick turnaround requirements. Many larger credit unions offer business loans. Business membership (a requirement) usually happens at the loan closing. As with most alternative lenders, they are staffed with seasoned business lenders from banks and other alternative lenders. Most offer quick turnaround, access to decision makers with many dedicated to assisting the more difficult credit requirements. Other “Alternatives” include independent and specialized finance companies, divisions or captives of industrial or insurance companies, or even subsidiaries of some banks. Do not forget state and municipal loan programs.
Alternative loan sources may offer a variety of specialization, to include traditional loan programs:
• receivable and inventory financing
• equipment loans and leasing programs
• seasonal inventory loan advances
• purchase order financing (including government contracts)
• invoice financing (factoring)
• letters of credit
• loans to hospitality / health care businesses
• real estate / investment property mortgages
• mezzanine (quasi-c...

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