Reagan Accounting & Consulting Group, P.C.

When commercial lending officers make a loan, what is it that makes the difference in their decision? Loan officers generally make three sequential decisions in the loan evaluation process:

Estimating the level of risk associated with the loan
Determining whether they should recommend the loan to the loan committee
Deciding the interest rate and fees to be charged

In making these decisions, a critical factor is the perceived believability of the financial information they are reviewing.

Generally speaking, financial information prepared by management with no involvement of your CPA firm has a lower level of perceived credibility while information audited, reviewed or otherwise associated with a reputable CPA firm carries a much greater level of credibility. When approaching a bank about financing, financial projections and condensed business plans are generally a good idea. REAGAN Accounting & Consulting Group can enhance the credibility of the financial information you provide the loan officer and loan committee, and thereby, improve your chances for loan acceptance. Our demonstrated track-record can be an asset to you.

Banks frequently provide capital for asset acquisitions and asset maintenance, while capital for expansion can often be more limited. When seeking additional capital in equity markets, investors are focused on anticipated returns on investment that can be realistically achieved during a three to five year period. To be successful in obtaining equity financing a complete business plan is essential. Once again, REAGAN Accounting & Consulting Group can improve your chances for success by:

challenging your assumptions
making sure you have considered all relevant matters
eliminating inconsistencies between information
addressing in advance the questions that will be asked by investors
enhancing the overall credibility of the business plan

Remember, failing to plan can be tantamount to planning to fail.

Executive business managers live in the forests of their respective businesses examining "trees" day-in and day-out. It is frequently difficult to "see the forest for the trees." Outside consultants look at the forest from a different perspective and see the trees as integral components thereof. Executives make decisions affecting the business everyday and base these on available information viewed from the competitive perspective they have formed. An effective consultant evaluates the usefulness of the information executives have at their disposal, considers how such can be improved, and enables the executive to shift paradigms and see reality….the business the way customers, vendors, investors and creditors see it. In doing so, improved decision-making results, which generally leads to improved profitability.

REAGAN Accounting & Consulting Group's consultants have the wisdom, which comes from experience, and the knowledge, which comes from the effective application of professional judgment, to help you design and implement strategies and make better decisions. Let us help you:

perform strategic planning,
recruit your new CFO,
select an appropriate accounting software package,
determine whether you should lease or buy significant assets, and
manage cash more effectively,

among a host of other needs.

REAGAN Accounting and Consulting Group, P. C.
2117 Magnolia Avenue
Birmingham, Alabama 35205
Phone: 205-380-4200 | Fax: 930-9867
E-mail: info@reagan-solutions.com