Feb 10 2025 16 mins
Strategic Financing: Essential Tips for Borrowers | The Mills Knows Bills Podcast Episode 40, Season 5
Link to video podcast episode: https://youtu.be/E4kZ8CRQLXE
Welcome to Season 5 of The MKB Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions!
In this episode, Mills is joined once again by commercial financing expert Brett Childers. This time, Brett takes the lead, asking Mills about how CFOs can help business owners stand out and prepare for successful loan applications. They dive into the intricacies of evaluating solvency, aligning financial strategies with lending requirements, and the importance of knowing your numbers. They also discuss real-life challenges in cash flow management and the nuances of onboarding new clients. Tune in for valuable insights and strategies tailored for both new and seasoned business owners.
To connect with Brett:
321.356.3860
Do you have your own burning financial question for Mills or the MKB team?
Email: [email protected]
Website: https://MillsKnowsBills.com
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LinkedIn: https://www.linkedin.com/company/mills-knows-bills
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00:00 Introduction and Recap
00:35 Turning the Tables: Brett's Questions
00:53 Preparing for Business Loans
03:22 Onboarding New Clients
05:25 Challenges in Business Growth
06:08 Client Success Story
09:00 The Importance of Knowing Your Numbers
11:18 Services and Client Engagement
14:23 Focus on Blue Collar Businesses
16:05 Conclusion and Contact Information
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