Saturday, May 16, 2009

Evaluating Your Banking Relationship

For Immediate Release

 

Evaluating Your Banking Relationship is Easier than Ever

 

AtlantaGA April 14, 2009- Business owners are struggling with all of the changes in the banking industry and recent turmoil in the economy.  Should they stay with their current bank?  Should they change? How do they find the financing they need to take their business to the next stage of growth?  How do they restructure their debt given the changes in cash flow?  After 30 years of experience in the banking industry, Bill McDermott’s desire to provide an independent view of the banking world and help business owners answer those questions led him to open McDermott Financial Solutions. (McDFS)  McDermott Financial Solutions is a full service consulting firm that gives business owners the knowledge and experience of a banker who is independent of any banking organization to make them aware of their banking options.

 The inspiration for McDFS came from several professionals in McDermott’s sphere of influence who are complaining about the challenging issues facing business owners today.  Issues standing in the way of the next stage of growth or overwhelming debt obligations that are poorly structured because of cash flow changes are bombarding business owners.  “The changes in the economy and banking industry have created a dramatic slow down and potential failure for many businesses” said Bill McDermott. “Traditional financing options and approaches are tightening up and may not deliver what is needed.  Business owners need to know that they have options”

 The idea that there could be a better way to help business owners solve banking problems caught McDermott’s attention.  “I believe business owners are looking for an independent second opinion of their banking relationship from a banker with 30 years of experience in the industry.  The ability to leverage banking contacts in the market that business owners don’t have is an added benefit.  If a business owner has a problem, so do I” says McDermott. 

 Today, Bill McDermott will begin offering a free comprehensive banking review to businesses in metro Atlanta to include a review of financing, cash management, investments and electronic banking.  Added McDermott “While most of my career I have worked with businesses in the $2-20 million revenue range, I can certainly work with companies that are either smaller or larger than this.  Businesses are looking for the right strategy at the right time to insure their company’s success.”

 

For further information, contact

 Bill McDermott

McDermott Financial Solutions

5208 Garnaby Lane

NorcrossGA 30092

770-597-3136

bmcdermott@mcdfs.com

www.mcdfs.com

mcdfs.blogspot.com


 

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