Stories from the bank: “Business assumes owners’ personal debts”

A husband and wife team owned a plant nursery and garden store. The store was small, and located in a relatively upscale, established neighborhood. We saw each other from time to time when they came in to make deposits with the tellers. One day, they sat down with me and told me that they had Read More

Stories from the bank:”A warrior starts a business”

“Justin” is a 28 year old entrepreneur who sells nutritional supplements online. After a four-year tour as a U.S. Army infantry officer, he was able to amass approximately $40,000 in personal savings, thanks largely to exclusions on income tax of combat zone pay. He contacted me for assistance with setting up his business banking. He Read More

Now You Really Can Ask the Crowd to Finance Your Startup

Crowdfunding can be a misunderstood term and as a funding option, has not been nearly as widespread or readily available as believed. The concept seemed simple enough; large numbers of people could just fund your startup if they chose to. However, that notion of crowdfunding was not available because the U.S. Securities and Exchange Commission Read More