Keep your Bank at Bay
Having trouble with a bank or financial partner can cause any CFO or CEO to lose sleep. A line of credit or a loan can be the very lifeblood of liquidity to a business.
Prepare for Down Financial Cycle
We have seen the tightening of the financial markets. M&A markets have slowed. Private equity deals are getting more conservative. Banks are tightening credit standards. And some banks have started calling loans that they were happy to have six or twelve months ago. Many financial players have overplayed their hands, and the pain of correction will be felt by many of their clients.
Getting the Financing You Need
For a variety of reasons, lenders and investors don’t always coach you through their approval process. The biggest reason for this is that lenders are especially afraid of lender liability, or of being accused of influencing (unsuccessfully) their borrowers’ business decisions. Thus, they shy away from imparting their ideas to customers and prospects to avoid [...]
The Link Between Strategy, Finance and Financing
It probably won’t surprise you that we at Trek believe in thinking about strategy before money and finance. But, not to worry, there really is a good economic reason for this! Strategic planning is the ultimate efficiency play. It helps you spend less and make more. Why is this? Three main reasons—focus, resources, and results. [...]
