Click on the image to vote and to view results You work hard. You pay your taxes. You try to be a good person. Put others before you? Yes. Open to favors? All the time. Sure, you perform acts of kindness because you are an awesome, self-less person. But at the Thanksgiving dessert table, it’s all about you. After family,…
Tag: SBA 7a loan

WBD’s Randy Kyle Elected as a NADCO At-Large Director for 2017-2018 Term
Earlier this month, the National Association of Development Companies (NADCO) announced their 2017-2018 NADCO Board of Directors election results. WBD is pleased to announce that Executive Vice President & Chief Operating Officer Randy Kyle has been elected as an at-large director. Randy, who is a CPA and has a Masters of Business Taxation from the University of Minnesota, brings a wealth of operational and…

How Do We C.R.E.A.T.E. Our Core Values?
A mission-based organization, WBD focuses on small business growth and development. Internally, we have a mission also—our core values. Firms create core values to answer many questions: What image do you want to convey? What are your underlying philosophies? How personal values factor into the company? How do core values align with the mission statement? In response to types of…

S.M.A.R.T Collaborations in the Office Make Good Ideas Great
While working on slides for the National Association of Development Companies (NADCO) Annual Meeting, I had a thought to apply the concept of S.M.A.R.T. goals into the presentation. This framework helps professionals set clear and articulated goals into any project—often making the difference between creating a list and forming an action plan. But first of all, what is NADCO and what…

Craft Brewers Draft a Plan for Business Growth
By Bruce Kaufmann WBD Senior Credit Analyst Manager In my time at WBD, I have analyzed and underwritten a number of businesses in the craft brewing industry. Combined with my enthusiasm for craft beer, and observing how these businesses have evolved over time, I have developed some insight into factors that are indicators of likely success. I am not a…

WBD Experts talk 504 and 7(a) Lending on ‘Biztalk’ Radio
Recently, WBD Senior Vice President and Senior Lender Jason Monnett teamed up with WBD Vice President and Loan Officer Matt Wilcox to talk all things 504 and 7(a) on the “BizTalk with SCORE” radio program. The experts explained how WBD helps small businesses create jobs through an SBA 504 or a 7(a) loan—sometimes both by layering loans to support different parts of the process.…