Plenty of Money to Lend

There is plenty of money for banks to lend to businesses provided you can demonstrate the ability to repay.

That's the message from one Southern California middle market banker who focuses on companies with revenues in excess of $50 million. His bank is actively making business loans to companies with a track record of cash flow, strong management and a solid business model

Over coffee on Tuesday morning, we discussed that while there are currently 252 banks on the FDIC's Problem List, there are thousands of banks nationwide that are healthy and willing to lend. Many banks never veered from basic underwriting standards - a key reason why they are standing strong in today's market.

Need help finding the right lender or telling your story the right way for your California business? Read "Matchmaking for Business Loans" and give me a call!

Tags : FDIC , Problem Bank List , Credit Crunch