Banks... They just don't get it. Case Study #1

You're business plan is rock solid. You know the industry. You've worked for the biggest companies in the world (or could have). You've proved yourself time and time again, making fortunes for others. Now, you've taken the plunge to start your own outdoor advertising company. You've got land leases, permits and even some advertising contracts. And then your banker asks, "You mean you want me to loan you money for improvements to real estate that you don't even own?" You knew this was going to be hard, but who could have seen this coming?

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I thought we were ready. Case Study #2

Your operation is good - in fact very good. You've poured everything into it that you had to make it what it is today. And then comes the call . It's the owners of the plant you've always wanted. For health reasons they're retiring early and are ready to sell. True to their word, they're giving you first shot at it, but it has to be a cash deal and it needs to happen quick. You punch #7 on speed dial and the phone answers. Not only has the name of your bank changed, but your contact has been transferred to another division - out of state. And sure, the new vice president wants to meet you and - learn about your business.......
[the silence is deafening]

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