When is the best time?

"When is the best time to build a lender relationship?" The answer is "before you need one", according to this great article by Newport Hospitality Group in Hospitalitynet.org.

They sum it up this way: "Any management team can slash a budget to make a spreadsheet look better in the short term. Creating sustained value is much harder. It requires an owner willing to reinvest, an operator who can execute the business plan, and a lender who understands both the asset and the strategy behind it. When all three work from the same information and toward the same long-term goal, the relationship becomes more than servicing debt. It becomes a partnership in creating value."

Checkout this insightful article and first hand experience at The Best Time to Build a Lender Relationship is Before You Need One - Hospitality Net. Start you lender relationship today - we know business.