Pretty sure they're going to be waiting a loooong time...

On Fri, Feb 11, 2022 at 3:21 PM Steve Jones <[email protected]>
wrote:

> No, wasnt at a point yet for legitimate contact. Still am not. Hes on my
> list for that though. Im still hoping chuck mccown just cuts me a check.
> That would save so many people so much time.
>
> On Fri, Feb 11, 2022, 2:10 PM Chuck McCown via AF <[email protected]> wrote:
>
>> Did you talk to John?
>>
>> *From:* Steve Jones
>> *Sent:* Friday, February 11, 2022 12:55 PM
>> *To:* AnimalFarm Microwave Users Group
>> *Subject:* Re: [AFMUG] Ot: business loans
>>
>> 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.
>>>>>
>>>>>
>>>>>
>>>>>
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>>>>>
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