How can we help? Call us at 360-455-1569 or email

What to do when you have to say 'no'…alternatives to bank financing for business

In his latest post to the Main Street Financing Challenges Blog, Sam Thacker reminds business owners about alternatives to bank lending.

Sam is a buddy of mine from Austin TX who is currently a partner in the Austin Texas based financial consulting firm, Business Finance
which assists small businesses with financing challenges.

Why do you need to know about non-bank lending?

If you are a bank or credit union lender, you need to know the alternatives available to your customer/members. And heck, if you can’t make the loan they need right now perhaps you ought to be recommending, temporarily, a non-bank financing alternative.

Often they are more costly so the business will have an incentive to come on back, especially if you solved their problem even when you could not make the loan.

Read Sam’s full post here:

Alternative Lending Sources Are Loaning Money

What alternative sources have your business borrowers been using when you have to say no?

About the Author
Linda Keith CPA is an expert in credit risk readiness and credit analysis. She trains banks and credit unions throughout the United States, both in-house and in open-enrollment sessions, on Tax Return and Financial Statement Analysis. She is in the trenches with lenders, analysts and underwriters helping them say "yes" to good loans. Creator of the Tax Return Analysis Virtual Classroom at, she speaks at banking associations on risk management, lending and director finance topics.