New Info Blog

titleTIC Securities Broker-Dealers Stand to Make Lots of Money/titlepThe TIC industry is entering into its eleventh year and expectations are high that growth in this industry will be appreciable because investor confidence is growing all across the board and volumes of transactions too are rapidly increasing and more and more new sponsors are also entering the market. In fact, it is believed that from the end of the year 2001 till the end of the previous year the deals struck accounted for as much as, it is believed, 3.7 billion dollars./ppThus, becoming a TIC Securities Broker/Dealer is surely going to prove to be a paying proposition. The fact of the matter is that many TIC sponsors are also choosing to structure their TIC investments as securities and though they may be regulated by SEC as well as by NASD, it throws open the doors for many more TIC securities Broker/dealers to earn hefty commissions from brokering or affecting such transactions./ppMany Challenges To Confront/ppSince 1031 TIC exchanges are most often handled by TIC securities Broker/dealers under the Securities and Exchange Commissions oversight, there are many challenges that the TIC securities Broker/dealers have to confront including not involving real estate professionals who only help in buying and selling real estate. Still, to protect one from the pitfalls of securities investments an investor dealing with TIC securities Broker/dealers must consider a few things./ppOne of the more important aspects that you will need to consider when dealing with TIC securities Broker/dealers is to learn about the percentage of business that the broker does with regard to TIC interests in the form of securities, and to be on the safe side, you should ensure that the TIC securities Broker/dealers are in fact mainly dealing with TIC exchanges in the form of securities and which must form the core of all their business dealings and which is not a side business for them./ppAlso, according to law courts in the US, an investment is deemed to be a security if the money earned by way of profits from investments comes through efforts made by others. So, if you are planning to use TIC securities Broker/dealers for your TIC exchange transactions, it is necessary that you first of all apply what is known as the Howey test to ensure that you dont end up selling through a real estate broker, even though the temptation to do so is high given the fact that real estate TIC interests have lower fees as compared to when selling securities./ppYour best bet with regard to dealing with TIC securities Broker/dealers is to follow the National Association of Securities Dealers notice that reviews the rules regarding broker-dealers when selling your TIC shares./ppGary K. Landry is the CEO of TIC Advisors, Inc. He presents complete information on a TARGET=_new href=http://www.tic.com1031 exchange/a and TIC property ownership on his website, a target=_new href=http://www.ticadvisors.comhttp://www.ticadvisors.com/a/pbrbr

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“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money. . . but never learn to have money work for them.” Robert Kiyosaki

The #1 New York Times Bestseller “Rich Dad, Poor Dad” is a story about the money lessons that Robert Kiyosaki learned from his two dads, his biological father, who was his poor dad, and his best friend’s father, who was his rich dad. Poor dad was a Ph.D. and held a very important government position, but he never had enough money at the end of the month and he died broke. Rich dad dropped out of school at the age of 13 and went on to become one of the wealthiest men in Hawaii.

“Rich Dad, Poor Dad” is a must-read for anyone looking to develop a rich person’s financial programming and mindset. The first important lesson this book teaches is the following: Don’t work hard for money; instead, have money work hard for you.

Kiyosaki explains in his book that there are three types of income:

• Earned income

• Passive income

• Portfolio income

Poor dad taught his son Robert to go to school, study hard, and get good grades so that he could find a secure job that would pay him a good salary and give him excellent benefits. That is, he advised him to work for earned income, or to work for money. However, there are several problems with this strategy. First, income streams from a salary are linear: you only get paid once for your effort. If you stop showing up for work, you stop getting a paycheck. It’s like being on a treadmill. Second, earned income is confined to the amount of time that you work, and time is a limited resource. Therefore, there’s a limit to how much earned income you can make. And third, earned income pays the most taxes.

Passive income is income that does not require your direct involvement. You make a strong initial effort to get this type of income started, but then you do minimal work thereafter to keep it going. It can be income derived from royalties–for example, you write a book–, income derived from patents–you invent something–, income derived from real estate, and so on. Brian Lee at geniustypes.com swears by bulk candy vending machines to create passive income. There are many ways to create passive income and the key is to be on the look-out for passive income producing opportunities.

Portfolio income is generally derived from paper assets such as stocks, bonds and mutual funds. Bill Gates is one of the four richest men in the world because of portfolio income, not earned income. That is, he’s rich because of the stock that he owns, not because of the salary he earns. One of the many benefits of portfolio income is that paper assets are easier to maintain than other types of assets.

Another way to think of passive and portfolio income is as residual income.
With residual income you work hard once, and it unleashes a steady flow of income for months or even years. You get paid over and over again for the same effort. That is, you get paid multiple times for every hour of work and the stream of income continues to flow whether you’re there or not. Therefore, you can spend your time doing things other than working for money. In addition, how much money you make is not determined by how many hours you work, but by how many residual streams of income you create.

Rich dad would say to Robert: “The key to becoming wealthy is the ability to convert earned income into passive income and/or portfolio income as quickly as possible.” Start looking for opportunities to create passive and portfolio income and develop a disciplined, well-planned strategy for your money.

Written by Marelisa Fábrega who blogs at http://abundance-blog.marelisa-online.com

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Getting business financing is tough when the economy is doing well and almost impossible when the economy is doing badly. There is a reason for this, lending money to a business is considered risky, especially for financial institutions. This is why most institutions will ask for audited financial statements and will insist that your business must have good collateral. What qualifies as good collateral? Usually real estate, machinery and accounts receivable in some combination. Furthermore, institutions also want to see a multiyear track record in which your company shows substantial growth.

But – what if you own a startup? Don’t have hard collateral? Or, what if your business is in a turnaround situation? Usually, you’ll be out of luck. Fortunately, there are other options.

There are alternate business financing solutions that can work well in many instances. For example, let’s say that your commercial clients take 30 to 60 days to pay their invoices. This can create a challenge for most businesses. If you can’t get a conventional business loan, a good alternative is to use factoring. Factoring, which has been gaining traction recently, provides an advance against your slow paying invoices. It provides the working capital you need to pay business expenses and eliminates the timing challenges of waiting for payment.

Here is how it works. Let’s say that you sell a product (or service) and then invoice your client expecting payment in about 45 days. A factoring company can advance about 80% of what is due to you within days of invoicing. You get the remaining 20%, less a service fee, once your client pays the invoice in full.

Stated differently, you get about 80% soon after invoicing, and the remaining 20% (less the fee) once your client actually pays.

For most businesses, getting an 80% advance spells the difference between being able to run the company and going out of business. It provides the liquidity to pay employees and suppliers in a timely way. For many, it allows them to take new clients without worrying about their payment terms.

Factoring companies consider your invoices from good credit worthy clients to be excellent collateral. This enables them to advance money against them. Now, this does not mean this is the only criteria they will look at. Most factoring companies will want to make sure that your company is free of judgments, lawsuits and liens.

One critical advantage of invoice factoring is that it works very well for startups. Most factoring companies are happy to work with clients whose biggest asset is a roaster of good paying clients.

About Commercial Capital

Looking for factoring financing? Commercial Capital can provide you with a competitive factoring quote. To learn more about our invoice factoring program, please call (877) 300 3258

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Contrary to popular perception, financial planning involves much more than mere budgeting and is definitely an exercise which requires expert attention. Given the immense complexities of life, a complex financial marketplace, multifarious investment instruments, multiple short term and long terms financial goals, planning for a safe and worry free financial future is not an easy job.

There are many steps that go into the making of an efficient and truly effective financial plan. Proper goal setting and assessing one’s correct net worth are two of the most important principles of any financial planning process.

The first step is often the identification of the short and long term financial goals. One thing that should be kept in mind while deciding on financial goals is that the more tangible and precise the goals, the easier it is to plan for them.

Short term goals can be the things that you want to accomplish within a shorter time span say 3-5 years, like buying a car or a vacation etc. The long term goals have to be achieved over a period of 10 to 20 years or more like planning for daughter’s marriage, kids education, retirement planning, buying a house etc.

Assigning priorities to goals is another major thing that one should not overlook. Privatization of your goals will help you allocate your valuable financial resources in a way that is most profitable and allows you to accomplish the more important ones. For example, if you owe a huge credit card bill, it should be one of your priorities to get rid of this high interest debt before going on a vacation.

After the process of goal setting has been done, one needs to assess his current situation and get an accurate estimate of his or her existing net worth. This will require the listing of all the assets and liabilities one owes. Assets can be your bank balance, investment in stocks, mutual funds, gold, property, insurances, vehicles etc. And liabilities are the loans to repay (they could be home loan, personal loan, credit card debt, car loan).

Begin by estimating the value of your entire assets. The next step is to get an idea of the debts or liabilities you owe and subtract your liabilities from your assets. This will help you arrive at your net worth.

This exercise will give you a clear picture of what you have and what you owe. As a first step towards correcting the financial situation it is always better to get rid of costly debts such as credit card bills, personal loans, car loans etc. as soon as possible.

Addi Sharma is a well known author and has been writing content for iTrust. iTrust is the leading personal finance portal in India providing excellent financial planning and real estate services, and best home loan in India.

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The current financial crisis

The public have a common understanding that the subprime mortgage crisis has leaded to a far more serious consequence, so called ‘the financial crisis’ recently. To be exact, It has been going on for seven months. But how will that be happened? This is the question. The subprime load crisis is relatively simple to understand. People bought homes they couldn’t afford, and now they are falling behind on their home loans. This has caused the loss of related financial institutions.

However, the amount of loss is not the major cause of the financial crisis. US government has already announced to take over Fannie Mae, Freddie Mac and AIG, and have injected the capital over that amount into the market. Besides, the majority of homeowners are still doing just fine. The conventional mortgage market is still healthy. So, how is it that a mess concentrated in one part of the mortgage business: the subprime loans, has frozen up the whole credit markets in United States? How would that crisis caused such a big impact to the stock market, causing the collapse of Bear Sterns, Lehman brothers, etc, and left the economy on the brink of the worst recession in a generation and forced the Federal Reserve to take its boldest action since the Depression in 1923?
 
In order to have a big picture of this incident, I think this could be explained in this way. First of all, behind the whole financial crisis, there are actually 3 major components: the subprime mortgage, Leverage (or gearing), and the Credit Default Swap(CDS). We have mentioned about subprime mortgage before. So, what is leverage? In the finance industry, leverage is a common way to use in such a way to magnify the outcome of the investments. This can be done by various financial instruments such as options, futures, margin or borrowed capital, to increase the potential return of an investment. 
 
At present, many investment banks use leverage to operate more then 20 times of their capital. For example, if bank A have an asset of 5 billion, then 30 times of leverage means that bank A can operate 150 billions of money, in which most are borrowed. It is obvious, if there is 5% of profit in the investment, then bank A has a profit of 7.5 billion. However, on the other hand, if there is 5% loss in the investment, then bank A loss all it’s 5 billion of asset, and still owe the lender 2.5 billion.
 
The third component is CDS. What is CDS? As explained above, the operation of leverage is very risky. So some bankers think of a way to take insurance on these leverage. This insurance is called CDS. It is a specific kind of agreement which allows the transfer of third party credit risk from one party to the other. One party in the swap is a lender and faces credit risk from a third party, and the counterparty in the credit default swap agrees to insure this risk in exchange of regular periodic payments. For example, Peter borrows $100 from John. John wants to get insurance on this $100 debt in case Peter was unable to return the money. The John goes to Jane and asked for Jane to insurance that debt. Jane agrees to do so if John is willing to pay her an insurance fee of $5 per year. That is exactly the most simplified scenario of CDS.
 
Now, apply that in the world of banks. Recall the example of ‘bank A’. Bank A operates a leverage of 30 times. To reduce the risk, it goes to bank B and asked for bank B to do CDS insurance. After analysis the market data, bank B knows that the breach of contract case is less than 1%. Therefore, bank B is willing to take that insurance to earn the insurance fee. However, this is not the end of the story. Although bank B agree to accept the insurance, it can not have the insurance fee immediately. At the same time, some other banks such as bank C, bank D, etc. are interested to these CDS contracts. So bank B is willing to re-sell them to other banks to have the cash immediately. This is the scenario. The CDS contracts being sell and re-sell continuously among different financial sectors. In the mean time,
the market value of the CDS has reached 62 trillion.
 
However, you may see that, all the banks A, B, C, etc are making money. So, where is the money comes from?  The money comes from the revenue generated by the subprime mortgage business. So why the honey moon period can continue in the previous few years? It is because the real estate prices keep rising in the previous few years. In that period, home owners and buy and re-sell the real estates easily, who can earn good money at the same time. It just likes snowball or bubble. The market keeps rocking until 2006. When the downturns came, the prices of the real estates dropped. People who are lack of financial ability was unable to pay the high interests of those subprime loans. In that case, the subprime mortgage market started collapsing, which in turn affecting the CDS market. Banks and financial institutions who are involved in those products is unavoidably being affected. In fact, nearly all I-banks and most of the commercial banks are involved in this storm, or more appropriates, the tsunami. 

George C. (http://www.finance-database.com)

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OK. You’re sitting in the privacy of your own home. You’re surfing the net. You’re getting the skinny on Brad and Angelina and all the really important things in life. Suddenly, you notice the ad with the guy dancing a jig, and the ad saying you can get a home loan of $150,000 for less than $600 a month.

That sounds good to you, so you take the bait. You go to their on-line mortgage calculator, plug in some numbers and find out that you could re-finance for a lot less than what you are paying now. But notice the little asterisk (*) on the page. It discloses that the payment given by the calculator does not include all possible fees. And these “possible” fees are more than possible, they are probable.

The payment you get from the on-line mortgage payment calculator gives you a principal and interest payment. What else is there to a loan payment? I’m glad you asked. Principal and interest is the lion’s share of what you pay each month, but today’s loans are structured to insure that your annual real estate taxes and your home owner’s insurance are paid.

The way the lender insures that taxes and insurance are paid is called “escrowing”. In simplest terms, that means the lender collects a little bit from you every month and sets it aside. Then, by the time your annual taxes and insurance premiums are due, there is enough built up to pay them. If the lender expects your taxes to be $1200, they will collect about $100 every month. If your insurance is $600 a year, the lender will collect about $50 per month. So tax and insurance escrow totals $150 a month. Add that onto the payment you got from the on-line mortgage payment calculator. But we’re still not finished with the add-ons.

There is usually a third amount added onto a mortgage payment-P.M.I. (private mortgage insurance). P.M.I. is an insurance premium that you pay for your lender. It insures them that they will get paid if you, for whatever reason, default (stop paying) on your loan.

If you’re buying, unless you can come up with a minimum of 20% down, you will pay P.M.I. If you’re refinancing, you must have at least 20% equity in your home in order to avoid paying P.M.I. A good estimate for your P.M.I. premiums is about $100 per month. Including escrow payments, we see that we must add a total of $250 onto the payment reflected by the on-linemortgage payment calculator.

Now, you have a more accurate estimate of your total monthly mortgage payment.

Learn from Lyn Collier’s years of Real Estate experience.

Read simple, to-the-point articles about avoiding costly mistakes and What a mortgage calculator does not tell you at one of the best mortgage information sites on the web – http://www.e-home-mortgage-loans.com/index.html

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Getting business financing is tough when the economy is doing well and almost impossible when the economy is doing badly. There is a reason for this, lending money to a business is considered risky, especially for financial institutions. This is why most institutions will ask for audited financial statements and will insist that your business must have good collateral. What qualifies as good collateral? Usually real estate, machinery and accounts receivable in some combination. Furthermore, institutions also want to see a multiyear track record in which your company shows substantial growth.

But – what if you own a startup? Don’t have hard collateral? Or, what if your business is in a turnaround situation? Usually, you’ll be out of luck. Fortunately, there are other options.

There are alternate business financing solutions that can work well in many instances. For example, let’s say that your commercial clients take 30 to 60 days to pay their invoices. This can create a challenge for most businesses. If you can’t get a conventional business loan, a good alternative is to use factoring. Factoring, which has been gaining traction recently, provides an advance against your slow paying invoices. It provides the working capital you need to pay business expenses and eliminates the timing challenges of waiting for payment.

Here is how it works. Let’s say that you sell a product (or service) and then invoice your client expecting payment in about 45 days. A factoring company can advance about 80% of what is due to you within days of invoicing. You get the remaining 20%, less a service fee, once your client pays the invoice in full.

Stated differently, you get about 80% soon after invoicing, and the remaining 20% (less the fee) once your client actually pays.

For most businesses, getting an 80% advance spells the difference between being able to run the company and going out of business. It provides the liquidity to pay employees and suppliers in a timely way. For many, it allows them to take new clients without worrying about their payment terms.

Factoring companies consider your invoices from good credit worthy clients to be excellent collateral. This enables them to advance money against them. Now, this does not mean this is the only criteria they will look at. Most factoring companies will want to make sure that your company is free of judgments, lawsuits and liens.

One critical advantage of invoice factoring is that it works very well for startups. Most factoring companies are happy to work with clients whose biggest asset is a roaster of good paying clients.

About Commercial Capital

Looking for factoring financing? Commercial Capital can provide you with a competitive factoring quote. To learn more about our invoice factoring program, please call (877) 300 3258

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Forex robot software is software where the forex trades are automatically traded without any human intervention. The software is based on highly specialized and sophisticated algorithms. The software’s are designed by highly trained and experienced traders and forex managers. There are a number of these softwares available online. The minimum lot size can differ from one software to another. Many of them charge $10,000 as the minimum account size.

Some of the benefits and advantage of this type of software are:

It relieves the traders of constantly monitoring the system. The Forex software will trade and manage the account according the specific instructions and customization by the trader.

The robot software is designed to look at the short term opportunities that are present during the day for trading of the currency pairs. The software uses highly advanced algorithms to execute and place the orders.

Forex software is used by traders to diversify their portfolio including forex, stocks, mutual funds and real estate. Many existing forex managers and traders use the Forex robot software to trade a portion of their funds while trading on rest of the capital using other forex trading software.

Robot software is also for those who aren’t very comfortable their own capital and would rather let someone else trade for them. It’s also for those traders who can devote only part time for trading in forex. Also many financial institutions want alternative places where can invest money. For them Forex software provides the opportunity to trade in forex.

Many forex brokers also offer software to let their customers minimize their losses.Good Forex software offers the trading companies customers alternative choices.

Forex software usually trades in the major currencies of the market and not the minor currencies. The software is also managed by professional forex dealers. It also offers trading opportunities in rising and new markets. All the reporting is done in real time and the reports can be generated at any time by the customer.

Many of the Forex robot software packages also allow the customers to participate through the Individual Retirement Plan (IRA) and though certain customer retirement plan. Forex is a high risk, high gain investment.

Currency markets are extremely volatile and liquid. Traders are also allowed to take out their money as and when they require it making it one of the most liquid investments. With this type of software you would think that you may be able to take over the world with all your money but the truth is while Robot Software is good, it is not the be all and end all otherwise forex traders would rule the world.

If you would like to to see some of the best automated forex software around simply visit the site below.

For more tips and tricks on how you can make large amounts of money by trading forex, visit our Forex Software Review site where we show you the newest and hottest Forex software on the market including our Forex Tracer Review.

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In general, borrowers shopping for a convenience store loan will be pleased with the number of options available to them. Including conventional, SBA and a few CMBS programs.

One of the biggest components to convenience store loans is whether or not the subject property offers gasoline. Basically any convenience store that offers gasoline will be classified as a gas station and borrowers should seek financing under that category. As a side note, we happen to be working with a borrower who had his convenience store loan in process. The over eager loan officer had it wrongly classified as convenience store(not as a gas station). As soon as the appraisal company came out to the facility and reported its finding to the funding bank the loan was immediately declined. This of course wasted $5,000 for the borrower and 3 months of his time.

C-Store Loans

In general, borrowers have three options for their c-store loan. Conventional, SBA and CMBS loans. SBA loans will normally provide the highest level of financing and some of the longest fixed rates for this building type. For example 85% loan to cost financing is common for convenience stores. Fixed rates can be for as long as 10 years. Don’t let the rumors about the SBA process scare you off as the SBA has done a lot in the last 3 years to improve their process. You should be able to close your loan in 45 days.

Make sure however that whoever the funding bank is, that they hold the PLP designation. What’s important about this for you is that the loan will only have to be underwritten one time. Versus working with a bank that is not PLP you will have to have the deal underwritten once by the bank THAN by the SBA. That’s where the 75 to 120 days to close horror stories come from.

CMBS loans also have some very strong options, like 80% financing and rates fixed for up to 30 years, yes 30 years. However, due to the subprime mess many of these options have become limited or expensive. But it is still very much recommended that you research these options as they maybe a great fit for your situation.

Conventional financing, i.e. a regular loans from your local bank, will normally provide the best rates, however they will normally have the most conservative underwriting and weakest terms. Fixed period rarely exceed five years with shorter amortization periods of 15 to 20 years for convenience store loans.

Jeff Rauth is President of Commercial Finance Advisors, Inc out of Birmingham, Michigan. He specializes in Commercial Real Estate Loans between $100,000 – $5,000,000. Offers unique loan programs such as Commercial Second Mortgages, Commercial 30 Year Fixed, 90% non SBA financing, Commercial Equity Loans. Call 248 885-8797 or visit commercial real estate loans or commercial loan brokers or commercial loan rates.

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Beginning or expanding a business can be an exciting venture. But to do so successfully, a business owner is going to need capital. That comes from either the owner’s personal check book or financing extended through a bank. To secure financing through a bank, a business owner must understand the 5 C’s of Credit. These guidelines are used by financial institutions as a way of analyzing a borrower’s request for a loan. The 5 C’s: Cash Flow, Collateral, Capital, Character and Conditions are the major elements a bank uses to examine a business and its owner during the loan process. Each can have an impact on a funding request.

Cash Flow
A business owner may feel he or she needs additional capital to run a business, but they must also demonstrate the ability to repay the loan being considered. In determining this, a bank will analyze the company’s projected and historical cash flow in comparison to its debt. A commonly used method, the “EBITDA” ratio looks at a business’ Earnings Before Interest, Taxes, Depreciation and Amortization. Broadly speaking, it’s the measure of the cash flow generated by a business. This is the cash flow available to repay the debt once the company has met its other payments required to sustain the business.

A bank may also be interested in how much capital has been invested by the owner, which requires calculated risk. Financial statements and personal credit assist bankers in knowing how much an owner’s personal resources can support the business as it is growing. For companies that have yet to make a profit, elements such as an excellent customer list and payment history also come in to play. Bottom line: the business should be perceived by a bank as solid.

Collateral
Bankers also look at collateral, or the secondary source of repayment. Collateral are assets offered by a company as an alternate repayment source. Typically these assets include real estate, accounts receivable, inventory, and equipment. In a liquidation scenario, accounts receivable can be used to pay down a loan, while equipment and real estate can be sold to generate income to pay down the loan as well. Until a business is established, a business owner will need to pledge collateral that may be linked to personal assets, such as a house. No one wants to be in the position of losing a home because a loan has turned sour. A business owner needs to think carefully about how he or she will handle the collateral element when borrowing money from a financial institution.

Capital
Banks essentially are looking for sufficient equity in the company on the part of an owner. Sufficient equity can aide a business when times are soft. It’s important a company be able to sustain itself during tough times. Additionally, banks want assurance that an owner is truly invested in the company and will do what it takes to turn things around if cash flow becomes a problem. When examining capital, banks typically analyze the company’s total liabilities compared to equity, or the Debt to Equity Ratio. Most banks like to see the Debt to Equity Ratio no higher than 2 to 3 times.

Character
It’s not hard to understand why investors want to invest with those who possess impeccable references and credentials. This is where the character of the loan applicant comes in to play. While the character card can be challenging to assess, a bank will carefully review business and personal credit reports, as well as communicate with vendors regarding a business owner’s dealings with them. Owners need to demonstrate that they are indeed effective leaders and can conduct themselves professionally in challenging times. Securing a business loan from a bank is based on trust, to a large extent. Banks need to know that a business owner will act in good faith at all times to honor any and commitments.

Conditions
Bankers must always take a look at current economic conditions surrounding a business as well as issues surrounding its industry to determine key risk factors. It’s important, therefore, for the owner to make evident the ability to manage these risks to ensure the future viability of the business. Banks will examine the competitive landscape of the company, customer and supplier relationships, and other industry factors that may impede the company’s growth. Business owners should be prepared to describe the primary threats to the business and what measures are being taken to protect the company from these risks.

The 5 C’s of Credit form the back bone to a bank’s analysis when considering a request for a loan. A clear understanding of a bank’s requirements should help a loan applicant be prepared to provide appropriate information and successfully position the company in a way that results in the approval of a loan for the future growth of the business.

American Momentum Bank is a progressive, Florida based bank that strives to offer a deep understanding of our commercial, retail and online banking clients’ immediate and long-range goals, unparalleled personal service, and solutions tailored to our Clients’ specific needs. Experienced, professional management and Associates, combined with flexible decision making, is essential to the success of our Clients. Our banks’ success is a result of our Clients’ and Associates’ success. For more information, please visit http://www.americanmomentumbank.com

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