Christopher Hills, Managing Dir. Lending

Financial distress isn’t always the result of extravagance, greed or even poor judgment. Entrepreneurs make business decisions based on the best information available. And while misfortune is part of being an entrepreneur, the ability to adapt to misfortune is the difference between success and failure. 23 specializes in comprehensive commercial debt restructuring and resolution for clients whose financial model has been devastated by unsustainable debt service payments that no longer reflect the economic reality of the asset used to secure the debt. For some of our clients, all they need is an experienced negotiator to provide their lender with the reality of the financial situation and the tool set to restructure their obligations. For other clients, we may assist in the replacement of the debt from a bank to a private funding source. Our team of professional advisors has successfully negotiated client obligations totaling over $4 billion in liabilities with every major national and super-regional bank, as well as numerous community banks and non-bank lenders.

The 23 Difference

Ethics

23 conducts business with a level of honor and honesty that allows us to achieve the most beneficial resolution of your problem, while preserving the respect and position you’ve worked so hard to build in the community.

Compassion

The emotional toll of dealing with financial distress is equal and sometimes greater than divorce or the loss of a loved one. It may feel as if your world is upside down, and you are coming apart at the seams. This is normal, things will get better, and you are not alone. Helping clients through emotional turmoil is an important part of what we do. We provide each of our clients access to an independent licensed therapist or executive coach to help our clients and their families cope with financial stress.

Fees

Our fees are competitive for what we provide, which is a high quality, tailored, specialized service that saves you money. We establish our fees upfront, so that our clients can plan proactively for what lies ahead, and financially justify our engagement.

Word-of-mouth campaigns can be a valuable tool in your business's overall marketing strategy.

They often generate quality referrals because customers rely on recommendations from trusted sources more than they do from advertisements. Additionally, the costs associated with running a successful word-of-mouth campaign are usually a fraction of what a traditional advertising campaign can run.

But what you save in dollars spent you will need to replace with time and effort. On top of delivering the highest quality product or service possible, you'll need to plan and execute a schedule of networking events that will put you in front of people and begin to build your credibility.

Below, I've assembled a list of 10 credibility-enhancing materials that you should have at your disposal in order to make the most of every networking opportunity and ultimately build a successful word-of-mouth campaign. Not every item should be used at the first point of contact with a potential client or someone who can refer clients to you.

via Ten Must-Haves for Better Word-of-Mouth Marketing - Fox Small Business Center.

When you’re self employed filing a Schedule C with your tax return, your chances of being audited are greater than if you were a wage earner.

Why? Because the IRS suspects that you will attempt to either hide income or write off personal expenses as business deductions. Let’s face it, if all you are reporting on your tax return is income from a W2, what’s there to audit? Even if you input the numbers wrong, the IRS will match it up with the copy it got from your employer and send you a correction letter along with an adjustment to your refund or tax liability. According to various reports, audits of the self-employed are on the rise, here’s what you can do to keep the taxman off your back:

via Five Audit-Proofing Tips for the Self Employed - FoxBusiness.com.

I found this to be a great article. Some very good advice the most savvy self employed person should follow.

In todays lending environment every Realtor, adviser, accountant, and Lawyer needs to provide his or her clients with options.

That is why I have partnered my company with Franklin Mortgage in Milford MA. Nick treats his clients with unparalleled service, honesty, and integrity.

Franklin Mortgage Provides:

1. Access to the best lenders
2. All the programs
3. Excellent rates
4. Excellent communication
5. Fast answers
6. Great Advice
7. A since of Humor

So either give me a call directly or give Nick a call at 508-634-8885. Or you can go to his website.

Here is some update info on our commercial loan offerings

NEW
* Commercial Construction up to 75% LTC- Extremely Competitive Rates
* Commercial Conventional Loans 75% LTV
* Private Money Rehab/Developer Loans-Call for Details

Here are a few of other program highlights:

* Owner-user and Investor CRE programs > $250k
* SBA 504 and 7(a) financing all 50 states –(SBA 7a for hotels/motels and gas/c-stores)
* Multi-family financing in most medium and large cities – all 50 – rate starting @ 4.25%
* Bridge financing in 30-45 days – for borrowers who are getting pressure from their current note holder to take them out. Can goto 90% of as/is value
* Strong lending programs above $5 million
* Quick deal analysis and Term Sheet within 48 hrs if we are interested in the deal
* NEW- Debt Restructuring Program- Experience with every major and regional Bank
* Discounted note purchase financing-We also have a pension fund looking to Buy $100 Million a Month
* Venture Capital- We can cover most sectors including Tech and Energy
* CMBS

Please feel free to contact me with any questions regardless of the deal type.