article thumbnail

China Faces "Minsky Moment" on Ponzi Financing

MishTalk

In recent weeks, a trip to the region and further research into China’s shadow banking system have convinced us that China is approaching its “Minsky Moment,” which increases the chances of a disorderly unwind of China’s excesses. Based on our analysis, our baseline case is that China may slow from the current level of 7.7%

Finance 75
article thumbnail

Small Business Survival Tips During COVID-19

Martinka Consulting

Or, if you’re sick of being cooped up and simply want to talk, give me a call or suggest we meet for a walking coffee (at a safe distance). If cash is tight, let them know, work out payment plans, and above all, don’t be silent about it. Work with your bank , especially if you have a term loan and cash flow issues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 5 Growing Pains of Service-Based Businesses in 2023 (and how to overcome them)

Asamby Consulting

Work with contractors To get over that initial cash-flow issue, it can make sense to rely on contractors instead of employees. Build some cash reserves If you intend to grow your service-based business by bringing on employees, you'll need some runway for that. You can join a project meeting with each client once a month.

How To 52
article thumbnail

SBA Acquisition Loans – A Win-Win-Win Especially for the Seller

Martinka Consulting

Pre-Great Recession - banks competed for business acquisition loans and I remember one client’s summary that had eight banks, eight approvals, seven banks using the SBA loan guarantee program (called SBA loans from now on) and my client took the non-SBA offer. Buyers, banks and especially sellers! Who benefits?

article thumbnail

Improve Business with Technology!

Women in Consulting

Go To Meeting – Go To Meeting allows you to easily work with anyone, anywhere by providing web conferencing and online meeting tools. Bill.com – Bill.com gives you command and control over your cash flow, payables, and receivables anywhere, anytime. Communication and Networking.

article thumbnail

$550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets

MishTalk

Energy production is extremely capital intense, and often accompanied by negative free cash flow. Since early 2010, energy producers have raised $550 billion of new bonds and loans as the Federal Reserve held borrowing costs near zero, according to Deutsche Bank AG. Junk bonds of Energy XXI Ltd. cents since September.

Energy 78
article thumbnail

Unrealistic Expectations – Part II – Gotcha!

Martinka Consulting

In the past I’ve written about how low interest rates and bank using the SBA guarantee program and its low down payment requirements plus a 10-year amortization have caused buyers to pay more for businesses than they would have years ago (because their payments are the same or less). Many banks will go as low as 1.25:1