forbearance agreement Tagged Articles

If You're In Trouble, Reach Out for Help... Now!

Last week, I got a call from a client asking me to help a friend, the owner of a small manufacturing company. "What's a Forbearance Agreement?", she inquired. Gulp! "Tell me more," I suggested, knowing full well that a few months of trouble had certainly preceded her friend's question.

Is Your Bank Ready to Call Your Loan?

In today business economy, financing is more difficult than ever to obtain and banks are looking for ways to increase their liquidity by shedding some of their "problem" accounts. Here is an actual story of what happened to one business owner. It will give you insight into your own banking relationship.

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