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Millions of entrepreneurs have relied on years of real estate inflation to ensure financing in their business. Home equity and commercial property value increases created overnight piggy banks to withdraw capital from to use in operating businesses. Those days are long gone with millions of foreclosed homes and hundreds of closed, crippled banks. Charles H. Green, recovering banker, Executive Director of the Small Business Finance Institute and author of The SBA Loan Book, 3rd Edition and Get Financing Now joins Anita Campbell to explore how a small business can finance growth without collateral and where to turn when the bank is weaker than the borrower. Charles Green began working in his parent’s small business at age 8 and attended many “board meetings” around the dinner table. He founded and served as President/CEO of Sunrise Bank of Atlanta and today, is a recognized small business authority with over 30 years of advising, financing and investing in entrepreneurs.
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It's good to talk.