Recently, We hosted webinar On July 21, 2020, by Dan Flick, the Managing Partner & Pat Flick, the Senior Advisor & Allen Frederic, the Managing Director & Logan Wood, the Managing Director of Infinity Financial Group & Kirk W. McLaren, the CEO of Foresight CFO on,
Banks Are Restricting Access to Capital
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Access to Capital and Refinancing Debt
Just like the 2008 recession, banks are restricting access to capital now. Access to capital is expected to get even tighter as government economic stimulus money runs out in the third quarter of 2020 and as we learn to live in the COVID economy.
Through this we Learned
- Building financial pressure and tripping loan covenants.
- Banks are decreasing their exposure.
- How is this the same and different from the 2008 recession.
- What access to capital alternatives do I have.
For specific questions or if you want to learn about how our Growth CFOs help CEOs gain clarity and confidence, please contact Kirk W. McLaren, CEO, MBA, CPA, IFM, and Georgetown University lecturer at kirk@foresightcfo.com.