Detailed, actionable guidance for expanding your revenue in the face of a new virtual market Written by industry authority Charles H. Green, Banker's Guide to New Small Business Finance explains how a financial bust from one perfect storm-the real estate bubble and the liquidity collapse in capital markets-is leading to a boom in the market for innovative lenders that advance funds to small business owners for growth. In the book, Green skillfully reveals how the early lending pioneers capitalized on this emerging market, along with advancements in technology, to reshape small company funding.
Through a discussion of the developing field of crowdfunding and the cottage industry that is quickly rising around the ability to sell business equity via the Internet, Banker's Guide to New Small Business Finance covers how small businesses are funded; capital market disruptions; the paradigm shift created by Google, Amazon, and Facebook; private equity in search of ROI; lenders, funders, and places to find money; digital lenders; non-traditional funding; digital capital brokers; and much more.
- Covers distinctive ideas that are challenging bank domination of the small lending marketplace
- Provides insight into how each lender works, as well as their application grid, pricing model, and management outlook
- Offers suggestions on how to engage or compete with each entity, as well as contact information to call them directly
- Includes a companion website with online tools and supplemental materials to enhance key concepts discussed in the book
If you're a small business financing professional, Banker's Guide to New Small Business Finance gives you authoritative advice on everything you need to adapt and thrive in this rapidly growing business environment.
Banker's Guide to New Small Business Finance offers bank executives, managers, and regulators a detailed reference to the virtual market of innovative lenders who are advancing funds to small business owners while accelerating their own enterprises' growth. Written by banking industry expert Charles H. Green, this important resource reveals how private equity lending pioneers are capitalizing on this emerging market to reshape small company funding and shows what the banking industry must do to compete in this burgeoning marketplace.
In the past ten years, hundreds of funding companies have emerged to provide business capital in some very inventive ways. These innovators re-examined every convention of traditional bank business lending, such as whom to lend to, how to underwrite and price risk, how to document credit/funding agreements, how to collect payments, and where to fund the deal. As Green explains, the growing popularity of crowdfunding, the power of digital lenders, and the paradigm shift created by Internet giants such as Google, Amazon, and Facebook are contributing factors that are drawing capital assets away from traditional commercial banks.
To better understand this trend, Banker's Guide to New Small Business Finance includes information on how the various virtual lenders work, as well as their application grid, pricing model, and management outlook. Designed as a hands-on resource, Banker's Guide to New Small Business Finance includes a companion website with the online tools and supplemental materials that will help to illuminate the key concepts discussed in the book.
Banker's Guide to New Small Business Finance gives banks large and small the ideas, suggestions, and strategies needed to understand this emerging market and take the initiative to engage both technology and clients to protect and expand market share in this brave new world of innovative funding.
