Finance Archives

How To Get A Bank Loan Approved

bank loan
July 17, 2012 by in Columnist Spotlight | Finance

Banks, in general, have done a poor job of informing businesses what it takes to get a bank loan approved. In the bankers’ world, many of the most important considerations are what we refer to as the Five C’s of Credit: Capacity: History of positive cash flows The best predictor of a business’s likelihood of… Read More →

Creative Financing: Innovative Options For Funding Business

Creative Financing: Options for Funding Business

Whether you are just formulating a business plan for launch or you already have a company that is in need of a cash infusion, bank loans are often unattainable if you don’t meet the proper requirements. Fortunately, there are a variety of creative ways to fund the growth. If your banker turns you down, instead… Read More →

Wells Fargo Donates Home To Combat Wounded Afghanistan Veteran

wells fargo - home for veteran

Wells Fargo announced that it has donated a mortgage-free Real Estate Owned (REO) home to the Military Warriors Support Foundation (MWSF), which was awarded to Retired Afghanistan war veteran Jason McGowan.  McGowan recently received the keys to the 1,732 square foot, 3 bedroom, 2-bathroom home in Tucson where he will live with his wife and… Read More →

Do You Have An Investment Style?

Investment Style

Many investors rely on their expertise, or their advisors’ expertise, to develop and follow an investment style. These styles are important and can help provide direction and assist in making investment decisions. Investment styles are developed based on many factors, including age, gender, income, family, wealth, tax situation and previous investment experience. These factors play… Read More →

Arizona State Credit Union Expands Chino Valley Branch

Arizona State Credit Union

Arizona State Credit Union will celebrate the expansion of its Chino Valley branch with a grand re-opening on Tuesday, June 26, where Mayor Chris Marley and the city’s Chamber of Commerce will be in attendance. “I am excited to see businesses in Chino Valley expanding,” says Chino Valley Mayor Chris Marley. “When our local businesses… Read More →

6 Steps To Selling Your Business

selling your business

Don’t ignore one of the most vital elements of your business plan, the exit strategy. Here are key business practices for selling your business. If you’re a typical small business owner, you spend more of your time working on today’s issues than tomorrow’s potential. That may keep the doors open for now, but what about… Read More →

Homebuyers Bounce Back

homebuyers - Arizona Business Magazine May/June 2012

The rules have changed a bit, but it’s still a perfect time to purchase a home. If you have good credit and a good job history and can put money down for a house, it’s a great time to buy, say experts in real estate and finance. In fact, the sooner the better, because it… Read More →

Time Value Of Money And Planning

value of money

Understanding the general concept of the time value of money can help consumers plan appropriately for future needs and today’s wants. This concept applies to how a consumer may save, invest and make decisions on lending needs. Many of us are familiar with the idea that the earlier one starts saving the more he or… Read More →

What Your Financial Statements Can Tell You About Your Company

financial statements

You don’t have to be a CPA or rocket scientist to decipher the information on financial statements. If you have been intimidated or reluctant to take the time to learn to read your company’s financial statements, now is a great time to learn. Below are a few quick and easy steps to untangle the web… Read More →

Wani Joins Wells Fargo Private Bank

wells fargo private bank

Wells Fargo Private Bank announced Daniel G. Wani as a senior estate specialist. Wani will work with clients to efficiently administer complex trusts and estates. Based in Scottsdale, he will also collaborate with a personalized team of financial advisors, investment managers, private bankers and trust officers to provide customized service to clients in Arizona, Nevada, and New… Read More →

Home Insurance In Scottsdale AZ Goes Boldly

home insurance scottsdale az technology
May 25, 2012 by in Finance | Real Estate

Do you hear the phrase “turn of the century” and think 1900, then realize people were talking about TWELVE YEARS AGO? Then you think, “Hey, it’s the 21st century!” and the next thought that zips into your brain is “Where the heck is my flying car?”  Well, odds are you are one of those people… Read More →

Wells Fargo Receives United Way’s Summit Award

wells fargo given summit award

Wells Fargo & Company has received a 2012 Summit Award from United Way in recognition of its outstanding record of volunteer engagement. United Way presented the award to Wells Fargo at the organization’s Community Leadership Conference in Nashville on May 3. Wells Fargo was one of six companies, and one of two banks, receiving Summit… Read More →

Desert Schools Honored For Community Service In Arizona

Desert Schools - community service and leadership award

Desert Schools Federal Credit Union, the largest not-for-profit membership-based financial institution in the state of Arizona, announced today that it has been selected by Toastmasters International and the organization’s District 3 Governor as the 2012 award recipient for community service and leadership for the state of Arizona. This is the first time Desert Schools has… Read More →

The 5 C’s of Credit: 
What Do They Mean To Your Small Business Loan?

5 C's of Credit

One of the most common questions among small business owners seeking financing is: “What will the bank look for from me and my business?” While every bank has its own unique criteria, many use some variation of the five C’s of credit when making credit decisions. Broadly speaking, they are: Character Cash flow Collateral Capitalization… Read More →