business
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Black Entrepreneur Program- Funding For The Forgotten
In March 2022, Former PM Justin Trudeau issued a statement on racial discrimination. He stated, “As part of the Government of Canada’s ongoing commitment to combat all forms of anti‑Black racism, we officially recognized the United Nation’s International Decade for People of African Descent (2015-24). We are also developing a whole‑of‑government action plan to eliminate systemic racism,…
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Why Surface-Level Multiples Misprice Cross-Border M&A: A Caribbean Banking Insider’s Take on the CIBC-Butterfield Deal
When evaluating corporate mergers and acquisitions, investors frequently rely on surface-level valuation metrics like Price-to-Earnings (P/E) or Enterprise Value-to-EBITDA multiples. However, evaluating a company strictly by these standardized benchmarks often conceals massive pools of latent value hidden deep within the balance sheet. This dynamic is particularly evident in cross-border asset sales, where structural differences, regulatory…
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“As Much As I Can Get!” Banking Insider Exposes 3 Sure Fire Ways Owners Get Their Loans Declined.
Over the years, I’ve seen well-meaning, hardworking owners with great ideas expressed in their business plans get their applications declined. Today, we uncover three reasons that we hope will benefit the credit-seeking entrepreneur. Bankers know that most business owners aren’t expected to match their banking knowledge and expertise. Being a master plumber, carpenter, or electrician…
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Your Banker Wants to Do More — 20-year Insider Reveals What Gets in the Way
In my last article, I mentioned that as a Relationship Manager, I often wanted to do more for business owners — to dig deeper, identify gaps, and help strengthen applications before they reached the approval stage. The reality, however, is that institutional constraints rarely allow for that level of dedicated attention. That does not mean…
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Why Banks Say ‘No’ to Profitable Businesses (20-year Insider Tells How to Get to ‘Yes’)
Most business owners assume banks reject applications due to lack of revenue. In reality, the decision is often made long before revenue is even considered. While revenue is important, there are other key factors to consider. 1. Incomplete or Weak Financial Documentation Banks don’t lend based on potential—they lend based on verified history. The typical…
