by Al Davis | Aug 8, 2018 | In Our Experience
As we have done every year, it’s time for our vacation for our semi-weekly blog. We want to express our deep appreciation to all of you who read our blog and make comments and suggestions. We will be back in September with new thoughts regarding business...
by Al Davis | Jul 26, 2018 | In Our Experience
Traditional assumptions among managers are that small business should use the same management principals as big businesses, but only on a smaller scale. The base assumption is that small companies are much like big companies except with lower sales, a smaller...
by Al Davis | Jul 11, 2018 | Lending, Banking and Financing
Recently Revitalization Partners was contacted by a company that needed help with their commercial loan. The lender had, in addition to the original loan, issued three forbearance agreements, none of which the borrower had been able to comply with. At that...
by Al Davis | Jun 27, 2018 | Operations and Risk Management
As some of you know, as one of the Principals of Revitalization Partners, I commute to work by air; a 65-mile flight by scheduled airlines, to and from the San Juan Islands. Over time, friendships have developed with other regular travelers on the same route....
by Al Davis | Jun 13, 2018 | Lending, Banking and Financing
When a borrower defaults on its loan agreements, a lender may (among other options) sue to foreclose on its collateral and collect from borrower, or agree to amend the loan documents, or enter into a forbearance agreement. If the borrower can convince the...
