MCC Buzz
4 commentsApril 14th, 2009 | 12:19 pm
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“MCC holds your hand through the process. I love the facility and the fact that the money I put into it is mine. It's like owning your own home.” - Eddie Diaz |
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So where will we be next?
April 14th, 2009 at 12:54 pm
I like the name change. Droping the LLC at the end of the name is better.
April 14th, 2009 at 2:41 pm
Chris,
I have a client in the moving, storage and office set-up business for 9 years here in Virginia.
He is growing and needs a warehouse with a couple of offices. About 20,000 sq ft. I have several realtors on the lookout for him.
His scores are good and he has about $70K in cash on hand for the purchase.
I familiar with the 504 program by scouring your website and blog.
Is there anything I need to be on the lookout for when he finds the right property?
Thanks,
Dave Lively
Corporate Funding & Insurance Services
757 285-6158
April 15th, 2009 at 8:13 am
I still get your emails & newsletters. You"re a fantastic marketer & I"m happy to hear all is well with your company. I"m certain it hasn"t been easy. I will never have an issue referring my commercial 504 potential borrowers to your company.
The last newsletter/mini-mag article you published regarding the pull-back from your company becoming a Bank was very good. I read it a few times. As a Mortgage Bank we"re feeling sharp & immediate increases in our leverage to equity right at the time when we"re seeing a huge influx of refinance business. Regardless, we still keep our 16mil lines up & running and we feel fortunate.
We"ve been approached by two Banks for merging and we have not weighed out any options. We also investigated the start-up process with an accounting firm recently and it looks like the FDIC is truly putting the kibosh on that right now.
Regardless, great job out there Chris & I hope our paths cross again.
April 15th, 2009 at 10:34 am
Chris, thanks for keeping us in the loop. I like the name change, too as it briefly reflects what you are about.
I am still a novice at for-profit and am reading Michael Gerber's EMyth Mastery as we are moving through the next stage of our business.
Looking forward to the meeting on the 28th and becoming more education.
Best always,
Ann