For more commercial capital information, contact us at [email protected]

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Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

Here’s the truth: lenders have attention spans too. If a deal drags on for months with constant changes, missing documents, or shifting assumptions, the enthusiasm fades. What started as a “we like this” becomes “maybe next quarter.”

I’ve seen solid deals fall apart simply because the borrower couldn’t deliver a clean, timely package. Every revision feels like risk to a lender.

The fix? Momentum. Once your deal hits the credit team, keep it moving. Respond fast. Anticipate requests. Close the gaps before they open.

Lender fatigue is real — and it’s usually avoidable. At Cardinal Capital, we run point on the process so your deal doesn’t die of exhaustion.

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
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Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

For more commercial capital information, contact us at [email protected]

Let's get social!
FB: @cardinalcap
LinkedIn: @cardinalcapital


Visit us online at cardinalcap.net

The fine print isn’t fine when it can cost you leverage. We break down the real power of loan covenants—how a single miss can hand your bank the keys to tighter terms, higher fees, and a tougher road ahead—and show you how to build terms you can actually live with. Drawing on clear, real-world examples, we explain the difference between financial covenants like DSCR, leverage, and minimum working capital, and operational requirements like on-time financial reporting. From seasonal cycles to cash timing quirks, we walk through the traps that turn predictable fluctuations into technical breaches and outline how to negotiate smarter: trailing tests, seasonal floors, precise definitions, and cure rights that reduce false alarms.

You’ll hear why the strongest position is before the term sheet hardens and how to align covenants with the way your business truly operates. We also share a practical playbook for staying compliant after closing: build a simple covenant dashboard, set reporting reminders, run early-warning scenarios, and communicate proactively with your lender when numbers tighten. Trust is your cheapest form of capital; surprises are the most expensive. By treating covenants like guardrails rather than suggestions, you protect your options, your pricing, and your credibility.

If you want debt terms that match your reality, not an idealized spreadsheet, this conversation will help you negotiate, monitor, and manage with confidence. Subscribe for more Capital Stack insights, share this episode with a founder who’s refinancing soon, and leave a quick review to tell us which covenant gives you the most heartburn.

For more commercial capital information, contact us at [email protected]

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Rob Powell explains how to time refinancing so it strengthens your capital stack instead of draining it.

For more commercial capital information, contact us at [email protected]

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Visit us online at cardinalcap.net