Strategic Planning

In today’s financial environment many things have radically changed. Gone are the days when financial institutions used stringent guidelines for lending. In the past most institutions used the three Cs to measure a banking relationship these being collateral, cash flow and character. What we are experiencing in this economy is a general unwillingness to lend unless you know and are comfortable with the landscape. Not all financial institutions are open to new financing trends and sources. Some are just hoping that no one asks to borrow while still others try to maximize their fee income even over the smallest financing needs.

Six Seven Advisory helps you to consider options that could help grow your business. Whether it is a change in the type of financing (asset based versus revolving line), the institution or the applicable rates and terms, we can help. Maybe some of that line can be converted into long term debt or should you be looking to refinance to lower the overall cost of borrowing.

Our experience in this area spans more than three decades. We know the institutions and keep abreast of the current practices. We can also assist you in analyzing a new proposal from your current or new financing partner. Often these new proposals are rate driven and hide the potential effects of changing partners. Six Seven will give you an honest evaluation of your needs versus your current financing.