IE Business Daily Business news for the Inland Empire.
By Eugene E. Valdez AKA The Loan Doctor As a business loan consultant one of the most common questions I am asked by my CEO clients is “How do I determine how much money I need to start a business?” It is well documented that one of the principal reasons …
Read More »Providing Solutions?
By Tim Kolacz As we are moving into March, most businesses are humming right along with their business plan that they created in November of last year (or about a week ago) and are working away at the goals that they set. These could be sales goals, education goals, or …
Read More »The Infamous “30 Day Cleanup” Bank Line of Credit Requirement
By Eugene E. Valdez AKA The Loan Doctor In all of the years that I was in commercial banking and there were many (30 years to be exact) one of the dumbest loan conditions I had to impose was that of the “30 day cleanup” with regards to a revolving …
Read More »Better Than Tariffs, Better Than Sanctions, Better Than Sex On The Beach
By John W. Tulac OK, so two out of three isn’t bad. Let’s talk about free trade. Real free trade. Not protectionism, not mercantilism, not fair trade, not a level playing field, but real open borders to foreign goods and capital. Let’s remember basic economics. Last week, trade data showed …
Read More »Chief Wahoo
By Tim Kolacz Over the past several years we have seen many corporations go through several trials and tribulations regarding how sensitive their products, mascots, or related marketing is to a multitude of different races and backgrounds. In the past couple of years we have seen The Washington Redskins football …
Read More »Factoring – When Is It A Viable Business Funding Product?
By Eugene E. Valdez AKA The Loan Doctor There have been thousands of articles written by business finance pundits on the subject of factoring. In the limited amount of space I have to work with I will provide my “spin” on this form of business funding. Specifically, I will share …
Read More »