Welcome to The BDO Show! A podcast for passionate BDOs wanting to level up their game with advice and stories from battle-tested BDO’s.

Step into the dynamic world of Business Development Officers with us, as Emily, Alan, and Ryan pull back the curtain on what it's like to intimately understand America's small businesses during site visits. Our stories showcase the spectrum of entrepreneurial spirits and underline the art of creating bespoke financial solutions. In the lively exchange of tales, we uncover the true essence of personal connections within the industry and how they shape the way BDOs engage with each unique borrower.

This episode takes you on a mentorship journey, where one of our personal encounters with a senior bank leader during a site visit reverberates with lessons on assessing borrower character and the risks involved in financial dealings. The anecdotes from our field audits bring home the vital nature of due diligence; from discovering fishy practices at a boat dealership to a bar with a burlesque license, these stories emphasize why no deal should ever risk your career. We navigate through these experiences, demonstrating the commitment required to safeguard against fraud and the unexpected.

 As we wrap up, we share a thrilling case study of financing a private security firm, where creativity met compliance to overcome licensing hurdles and clinch a successful deal. I highlight the importance of proactive deal-closing strategies and the value of checklists to streamline the transaction process. Engage with us, as your questions and topics fuel our future episodes, ensuring a shared journey through the multifaceted terrain of BDO engagements.

Please e-mail us any questions, or suggestions for future episode topics at [email protected]

This episode is sponsored by:

SBA Protection Quick Close Life Insurance – the fastest, easiest way to secure the insurance protection your borrower needs for their SBA loan.

For more information, visit their website www.sbaprotection.com or email Adam Bergen at [email protected]

 

 

The views and opinions expressed in this program are our own and/or those of our guests. They do not necessarily reflect the views or positions of our employers.