1. How Not to Outgrow your Money Bill McDermott

2. Tips Company stress test Choose the right bank A winning loan package
A compelling bank presentation

3. Tip 1: Do your Own Stress Test
3 years of financials - analyze them, trends…
Strengths, Weaknesses, Opportunities, Threats…
Banks want to know about PALL:
Profitability
Activity
Liquidity
Leverage

4. Tip 2: Choose the Right Bank
“Anxiety is the price you pay for the unprepared mind and mouth.”
- Marty Cohen

5. Is Your Bank on a Watch List?
Has it been sold or acquired in the last 5 years?
Do you sense your loan is in a special assets category?
Maybe the bank’s financial health is the issue?

6. Tip 3: A Winning Loan Package
3 years of financial statements or tax returns
Interim financial statement with comparable a year ago (3/31/14 vs 3/31/13)
For a line of credit, they will request AR and AP aging, may request comparable a year ago
Personal financial statement and two years personal tax returns
Real estate projects or LLC’s will ask for separate financial statement or tax return, rent roll
Contractors (job status reports-contracts in progress, contracts completed)

7. Tip 4: A Compelling Bank Presentation
-Presentation to the bank should incorporate the 5 C’s of Credit
Character
Collateral
Cash flow
Credit
Conditions
-Demonstrate you have:
A Command of your financials
A Clear request
A Compelling case

8. Questions? www.bankingsolved.com Bill McDermott bmcdermott@mcdfs.com