Commercial Lending: Smart Borrowing for Business Growth

Commercial Lending: Smart Borrowing for Business Growth | The Mills Knows Bills Podcast Episode 39, Season 5 Link to video podcast episode: https://youtu.be/ptRt4SipoPE 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 welcomes guest Brett Childers, an expert with over 24 years of experience in commercial lending. Brett discusses his transition into consulting for credit unions and small banks to enhance their commercial and small business sectors. The podcast delves into the most common types of business loans, the importance of pairing with the right consultant, and the pitfalls business owners face in securing financing. Brett shares insights on overcoming lending challenges and offers advice on ensuring sustainable business growth. This episode is a must-watch for variable income earners and business owners looking to master their financial strategies by borrowing wisely! 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 Instagram: https://instagram.com/@millsknowsbills LinkedIn: https://www.linkedin.com/company/mills-knows-bills 00:00 Introduction to Mills Knows Bills 00:53 Meet Our Guest: Brett Childers 01:29 Brett's Journey in Commercial Lending 02:53 Understanding Business Loans 06:52 The Importance of Debt Service 08:39 Real-Life Lending Stories 20:14 Navigating Business Credit 27:58 Environmental Considerations in Lending 30:34 Final Advice and Contact Information #financialpodcast #millsknowsbills #podcast #businessinsurance #entrepreneurfinances #variableincome #businessfinances #commerciallending #businessloans