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Check other institutions.

Posted by Henry in MI on March 5th, 2003 03:32 PM
In reply to home renovation by d. jones on March 4th, 2003 05:50 PM [Go to top of thread]

A friend had a business that he wanted to be more of an investment than a current profit maker. He went to several banks where he was asked how much the business made the prior year. He told them about the increase in net worth but they didn't care about that. They didn't consider an increase in net worth as "profit". He finally found a bank that would listen and that bank did real well as he tripled the business in 5 years. He passed away unexpectedly, but his wife and kids had a nice nest egg.

The point of this story is that eventually you will find someone that will listen. My guess would be that you will sooner find an ear in Indiana. See if you can make arrangements for a saturday morning meeting or two there.

Henry in MI

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