Yeah,i may have burned that bridge, i filled out the generic contact form figuring id get a call for them to politely tell me to kick rocks, but i got a fast fuck off, go hang out with the other poors email. (It was actually a very polite and professional form letter)
On Fri, Feb 11, 2022, 1:26 PM Chuck McCown via AF <[email protected]> wrote: > yep > > *From:* Jason McKemie > *Sent:* Friday, February 11, 2022 12:16 PM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Ot: business loans > > Is that liveoakbank.com? > > On Fri, Feb 11, 2022 at 1:04 PM Chuck McCown via AF <[email protected]> > wrote: > >> Talking to John Scrivner of Live Oak. Looks like a good bank for guys >> like us. >> >> *From:* Mark Radabaugh >> *Sent:* Friday, February 4, 2022 12:47 PM >> *To:* AnimalFarm Microwave Users Group >> *Subject:* Re: [AFMUG] Ot: business loans >> >> Tried that myself, in the end it wasn’t worth a shit. Probably spent >> 15 years grooming a local bank. They were more than happy to take our >> deposits, give us auto and real estate loans but when it came to fiber it >> was a completely different story. >> >> In the end they were worthless. Ended up going with Live Oak, who has >> been great to work with. >> >> Skip the local guys - they don’t understand anything that isn’t real >> estate or vehicles. Get your books in order, do proper accrual >> accounting, quit expensing everything, and go find a bank that knows the >> industry. >> >> Stop wasting your time with the idiots. >> >> Mark >> >> >> >> On Feb 3, 2022, at 9:00 PM, Chuck McCown via AF <[email protected]> wrote: >> >> That’s important: “was on first name basis with VP and loan officer... “ >> >> You gotta get a local bank, stick with it and get to know them and them >> get to know you. Makes a huge difference. >> >> *From:* Jaime Solorza >> *Sent:* Thursday, February 3, 2022 5:30 PM >> *To:* AnimalFarm Microwave Users Group >> *Subject:* Re: [AFMUG] Ot: business loans >> >> When I started my company in 1992, I had some large purchase orders from >> Johnson & Johnson plus GE Capcom which I used to receive loans from bank. >> Had to get them signed over to bank at first but after a few large orders, >> the bank gave me a $100,000.00 credit line to get ramped up...Always paid >> on time and never abused it...was on first name basis with VP and loan >> officer... >> Not sure if banks are this open to help small businesses anymore...can't >> hurt to try....good luck >> >> On Thu, Feb 3, 2022, 3:18 PM Steve Jones <[email protected]> >> wrote: >> >>> Ive never done business loans before, just mortgage and personal. >>> >>> Do lenders consider contracts to be future revenue? >>> >>> Where is the best type of lender to look for with no business history? >>> The local lender with the mortgages and local personal loans? National >>> lenders? What about if 2021 deatroyed your personal credit to a fair >>> rating, is a business loan even an option even with a contract exceeding >>> the loan amount by 80 percent? >>> >>> Is the sba an actual resource to invest time into for starting something >>> up, or is it like BBB. >>> >>> >>> Aside from the loan question, when getting into underground work (laying >>> pipe, and cablework) what expenses outside labor, insurance, >>> maintenance(vehicle, equipment, staff lodging/per diem, fuel, etc), >>> tax/workmans comp, etc do you come across? If you dont own the duct. >>> >>> >>> >>> >>> -- >>> AF mailing list >>> [email protected] >>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>> >> >> ------------------------------ >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> >> >> ------------------------------ >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> > ------------------------------ > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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