Jim's DoughfortheDream Podcast

Need money for a franchise or other business? Listen! For many years I provided SBA loans to franchises nationwide. I had relationships with Franchisors and they referred Franchisees to me and I would get them SBA loans to start or acquire a franchise. I did millions and millions in funding. I did over 65 a year. Sometimes people got frustrated and were limited due to their situation. Then Lehman Bros came and 2008/2009 rolled in and things changed a lot. Now it is much harder for these franchises to find funding. This podcast talks about a different way that franchises can get unsecured financing to use for ANYTHING. They don't need all the collateral and paperwork that the SBA requires nor do they need all the financials and explanations. If you have a decent credit score and match other criteria, you can get up to $150,000, sometimes more, in as little as 14-30 days. Listen here and then visit www.yourquickline.com

Thinking from the end - picturing life as if you already have it, as if you have already arrived - is highly recommended by many. Here is one of mine to share with you - maybe it can help you and others to think from your own end. ENJOY!

Do you know how the Health Care Reform act will affect you as a consumers? What about as an employer? This will summarize some of the basic questions for employees and employers. Jim Frey jim@doughforthedream.com

There are lots of ways to organically generate interest or traffic in your product, service, philosophy, whatever. Whether you're trying to promote something, sell something, or save the world, you need people to see the message, right? Over the next few podcasts, I'll share ways you can use free or very low cost methods to generate organic traffic and get people coming to you without spam. THIS ONE IS ABOUT BLOGS, AUTOBLOGS, AND RELATED ITEMS If you're interested in this, let me know. If you have related interests and want more, let me know also! Thanks Jim Frey jim@doughforthedream.com

There are lots of ways to organically generate interest or traffic in your product, service, philosophy, whatever. Whether you're trying to promote something, sell something, or save the world, you need people to see the message, right? Over the next few podcasts, I'll share ways you can use free or very low cost methods to generate organic traffic and get people coming to you without spam. If you're interested in this, let me know. If you have related interests and want more, let me know also! Thanks Jim Frey jim@doughforthedream.com

Make your own luck - In this quick podcast I reference a May 2010 article in Psychology Today about stats, studies, and stories about lucky people and ways we can be luckier, perhaps. Jim Frey doughforthedream.com jim@doughforthedream.com

Did you ever do the “Rocking Chair Test”? When I was in college, I first heard about the rocking chair test. I use it often to avoid situations I don’t want to be part of, or to take action for things I want to do, and to make choices in business and life. Frankly, I don’t even recall where I read or heard it. It has just become a part of my psyche. What is the rocking chair test? Simply put, you ask yourself that, when you’re older and you’re one a porch or in your living room – sitting on your rocking chair – and perhaps you’re talking to your grandchildren or just reflecting back on live, how with your present situation or choice look to you then on the rocking chair. Jim Frey Dough for the Dream jim@doughforthedream.com

Sometimes it is great to hear from people that have "already been there" and "done that". I was at a great event over the weekend where I heard and learned from many successful business people and philanthropists. Great people. At the event I learned lots of things and I got to hug a billionaire. I spoke to him and others for a while. Really cool to hang with like-minded people. Jim Frey jim@doughforthedream.com

Marketing, PR, Advertising has changed - and I think changed for the better - small and medium business can now compete - even do better - than larger corporations. You can provide information and value and react quicker than bigger companies. This is a quick podcast about how you can use free or low cost methods to bring in clients, help others, and generate business. Forget the yellow pages. It doesn't matter your industry. Listen to a few examples. JIM FREY doughforthedream.com jim@doughforthedream.com expert in business alternative financing

Here is a very quick overview how you can use blogs, podcasts, articles and other means to drive organic, free traffic to your website. Then what? Give them a free ebook? Video? Then what? Sell them something? Provide a service? Some quick ideas to help the entrepreneur. JIM FREY jim@doughforthedream.com 724.238.9799 doughforthedream.com/store

Sometimes any entrepreneur gets delayed or procrastinates when going for funding for any type of project because they don't want to write a full business plan, complete an application, etc. I sometimes tell them to create a quick, easy executive summary and send it to the key lenders to see if they "have an appetite" for the deal to begin with, therefore, spend a little more time upfront and then you can address some questions or issues before you've spent too much time or resources. Alternative Financing Expert Jim Frey jim@doughforthedream.com 724.238.9799

If you're a small-business owner who provides health insurance, you could save thousands of dollars next year because of tax credits written into the new healthcare law. Listen here for more! Jim Frey jim@doughforthedream.com doughforthedream.com

What if there was a method to re-classify business assets that could increase your cashflow? Cost segregation is the IRS approved method of re-classifying components and improvements of your commercial building from real property to personal property. This process allows the assets to be depreciated on a 5, 7, or 15-year schedule instead of the traditional 27.5 or 39-year depreciation schedule of real property. Thus your current taxable income will be greatly reduced and your cash flow will increase. jim@doughforthedream.com Jim Frey dough for the dream

An audio introduction to the ULOR or Uniform Limited Offering Registration, ... an easy way to get cash for your small corporation or investment property. The hassles and headaches of regular bank loans are eliminated. You get a more streamlined financing method that's quick, clear and professional! Here are a few of the highlights: * Get up to $1-million of no-repay money every year * You can fund nearly any business or real estate activity* * The ULOR form is already set up for you * You “fill in the blanks” with information about your corporation * Your completed form gives you an excellent business plan * Once you file your ULOR, your company name will be more widely recognized. * Giving you more and better business and access to additional financing * And increasing your ability to attract highly qualified personnel to you firm jim@doughforthedream.com 724.238.9799

In this economy, we hear a lot about bank failures, lost jobs, and business troubles. Things often sound grim for the business world. The media doesn't discuss the small business realm much. I am often asked; "How do small businesses play into the mix?" The latest statistics from the Small Business Administration show that "two-thirds of new employer establishments survive at lease two years, and 44 percent survive at least four years." This is a big difference from the previous long-held belief that 50 percent of businesses fail in the first year and 95 percent fail within five years. Listen for more - and why they sometimes fail.... jim@doughforthedream.com 724.238.9799

Thus far this year, the U.S. Government has waived the SBA fees and improved the SBA loan guaranty. This was an effort to further stimulate the economy and help business owners find financing. The was set to expire on April 30, 2010. The Senate voted 59-38 to extend the provisions that eliminated borrower fees for small businesses looking to grow their companies until May 31, 2010. This is good news for anyone applying for a SBA loan! The banks are generally more willing and able to take a risk on you and your business project. jim@doughforthedream.com

Are you an existing business owner and you need some more money? Maybe you're growing so fast and you need money to grow, that's nice problem. Maybe you're not growing very well and things are slow, or tight, or stagnant. Perhaps you need some money just for payroll, just to keep things moving, ...for some breathing room. On this podcast I discuss ways you can get "breathing room dough" for different situations: 1. Past due with suppliers/vendors? Specialty Financing, negotiations, modifications can help you! 2. Past due with commercial mortgage, business loan, business line of credit? Specialty Financing, negotiations, modifications, restructuring, principal reductions can help you! 3. Need more money - expense reduction, procurement specialty firms can help you save money buying and using the same vendors or suppliers you already use. 4. Specialty financing for places like restaurants, salons, auto shops, retailers - if you have over $3000 in transactions and 20 transactions per month, there is financing for you. jim@doughforthedream.com

The media and other sources can lead us all to believe that businesses aren't being financed. There are still loans being financed and banks are loosing up. In addition, new ways of lending money have come about. There are new websites, new firms, and new methods of connecting you the borrower with a lender or investor. There are websites that can define the credit type, flavor, and overview of your project and automatically present it to banks and non-bank lenders quickly and efficiently. No more waiting for weeks and weeks. There are websites that can connect you with investors, allowing you to find a competitive rate and get the deal done. Remember that even though the bank says no, there are options/choices/alternatives for business financing. jim@doughforthedream.com

In today's economy, the media doesn't always provide the best or most upbeat news. Often the news is very negative and highlights weaknesses or things that aren't working. Here are some sites that I found that seem to supply positive news and things that are working. I don't endorse these, nor am I any kind of affiliate, just a FYI! www.horatioalger.com www.happynews.com www.only-positive-news.com www.goodnewsnetwork.org www.positivenewsus.org www.positivenews.net www.dailygood.org www.selfgrowth.com/news.html

This quick DoughfortheDream Update is about a few ways people can find financing for a startup business or franchise. Signature lines, SBA, 401k IRA rollovers, home equity, etc. Also a quick update on the economic reports. Want to hear about another financial item? Ask Jim jim@doughforthedream.com One of Jim's goals is show these alternatives to business owners so they can fund the business, make it happen and accomplish their dream - to find dough for the dream! www.doughforthedream.com www.doughforthedreamblog.com You can purchase products at http://www.doughforthedream.com/store/

We've all made choices about a job or career for lots of different reasons. Maybe we stumbled upon the job, maybe we just needed money and it was the job available, maybe it is a career that you love and that you're passionate about. Ask yourself this question: "Are you where you want - or where someone else wants? Where you felt society pushed you? Was it a case that you following in someone's footsteps just because? A family business? Where you thought your were 'supposed' to be? Or where is it that you are passionate, enthusiastic?" As yourself why you're doing it? What are the reasons? Contribution? Freedom? Family? Find the why and the how will follow. Jim Frey jim@doughforthedream.com

Hello. Here is a quick update for the first week of April 2010. www.doughforthedream.com free ebook about financing alternatives www.doughforthedream.com/store/ - useful books, CD, about ways to finance your commercial project or business. www.doughforthedreamblog.com - free blog about business financing www.doughforthedream.podomatic.com - the website for podcasts just like this one! email me at jim@doughforthedream.com

Accounts receivable credit lines work by you pledging to sell your invoices or receivables to a “factor” or a bank at a small discount, the invoices to your customers for accounts receivable can then be exchanged into a type of “credit line” for immediate cash usage. This is very handy for businesses that need working capital and don’t have the time to wait for their paying customers to pay their net term invoices. In addition, you are offered flexibility since you’re only borrowing what you only need. A number of banks offer credit lines as part of their accounts receivable financing package. Usually credit lines are matched with the size of businesses the factor desires to attract. Factoring companies are more aggressive but also a little more expensive. Jim Frey jim@doughforthedream.com

For the past two or three years, banks and lenders have said they are unsure of the market and uncertain about the stability of small business. This has not been a good thing for small business lending. Experian announced today that they are rolling out a new Scoring System that allows them to better evaluate Small Business Credit Risk. The program is call Small Business Credit Share(SM) financial acquisition score. Hopefully it will relax bank and lenders by taking away the uncertainty and free up more money, loans, and lending to small businesses! Please visit doughforthedream.com for more info at no cost. Or visit my blog at www.doughforthedreamblog.com To purchase great information on financing, go to doughforthedream.com/store/

Jim discusses a few examples of loan projects that, even in this economy and even though they aren't favorites of most lenders, are still getting financed! These examples are mostly in the hotel industry but they show you, the entrepreneur, how any deal can be funded using different strategies. In this podcast he shows how Hard Money, Bridge Loans, Mezzanine Lenders, Hedge Funds, and the SBA loan 504 program can help finance hotels - or other "tough" deals. There are ways to still finance your project. www.doughforthedream.com Helpful products at www.doughforthedream.com/store/ Blog at www.doughforthedreamblog.com Contact Jim direct and ask questions! jim@doughforthedream.com 724.238.9799

Breaking News! NAGGL reports 7(a) and 504 Fee Reductions/Waivers and the 90% 7(a) guaranty will be extended to April 30th. The House and Senate passed the extension yesterday. "NAGGL expects President Obama to quickly sign the legislation into law." That means SBA borrowers will pay less in fees (roughly $13,500 on a $500,000 SBA 7a loan) It also means that banks will have a larger guaranty (typically 75%, now 90%) so banks hopefully will be able and willing to take a bigger risk on loans of all kinds. www.doughforthedream.com www.doughforthedreamblog.com jim@doughforthedream.com - 724.238.9799

People ask me if I sell anything - I try to give away lots of good information here on Podomatic and on my blog and I'm told they want more. I am adding information and products to my "store" all the time. Feel free to visit. Do you want to see a specific product or service not shown? Let me know ! jim@doughforthedream.com http://www.doughforthedream.com/store/

Did you have a bad day recently? Maybe even today? Maybe it was something on the news, something at work, the weather, etc. etc. We all have bad days to different degrees. Our goal is to have much less of them. Here are some ways to think, act, and hopefully reduce the number of bad days, and even the 'badness' of today. I hope you have a good day today! www.doughforthedreamblog.com - more good articles www.doughforthedream.com - no charge ebook http://www.doughforthedream.com/store/ - products for sale

Hello. I am here to find you tools and strategies about how I can make your life easier, how you can get some money to finance your dream of owning or improving your own business, and giving you alternatives to financing..... ...this podcast is a simple yet powerful way for you to finance purchases like your next car, or payoff your credit card debt, or earn interest income by lending money to others. There is a method and structure to set up a certain type of policy which allows you to become your own bank. You could start a business, buy a business, finance real estate, pay off debts, purchase new things using this method. It definitely can improve your life - whether it is business or personal. This will be part one of a two part series. Listen up and take notes!

Most of my blogs at www.doughforthedreamblog.com and my ebook at doughforthedream.com is about getting financing for your business and making the dream happen. But I want to talk about using your dough for some other good stuff too. While America is all about making the dream of owning your own business happen and being successful (dough for your dream!), America is also about people being charitable, helping others, helping other countries, and being a leader. With that in mind, I wanted to pause about the financing "stuff" and talk about giving. Now we are all a little tight these days with our money due to the economy. Maybe we don't always think about giving but we should give more - and regardless of our situations I think we all can. I'm here to tell you that I think that when you give, even if just $10, it puts you in a better state of mind. You can afford to give, there isn't so much scarcity, you're focusing on others and giving. When we focus just on ourselves and worry about money, scarcity, and not having enough, where the next check is coming from etc., ...we disempower ourselves. Giving helps others and helps us. Please listen - and provide feedback and other good charitable ideas!

I am all about trying to find alternative ways for you to find money for your company. Maybe its an SBA loan, Accounts Receivable financing, leasing, whatever. But what if I told you that you can find about $150,000 or more INSIDE your own company, as long as you fit some guidelines? If your company buys $1,000,000 or more of office supplies, Cost of Goods sold, materials, services, landscaping, janitorial, etc. COMBINED - or if you have about 100 employees or more, you typically can save 15-20%. There are companies that come in, study what you buy and how you buy it, then they go back to your suppliers and renegotiate the SAME EXACT PRODUCT and SPEC and also get one or more other suppliers to bid the SAME EXACT PRODUCT and SPEC. You choose which ones you want to use and you can start saving. You only pay a percentage of what you save, and only IF you save it. If there aren't savings, you don't pay. This is a terrific way for struggling companies to 'turn around'. It also can help strong companies expand and grow more. Imagine finding 15-20% more in the company you have buying and using the same products and services!

Do you know what Hard Money is? What can you use private loans for? What about Bridge Loans? How are these things difference than a regular loan? A SBA loan? What if I want to construct something? Buy a distressed property? How do mezzanine lenders and hedge funds play into this type of lending? How does it benefit you?

When you buy (or sell) a business or real estate, there are some ideas you should know about when it comes to seller notes. First, if you use seller notes, it can make the deal more competitive, banks will be more willing to work with the structure, and you can offer more flexibility. Now when you use seller notes, there are some neat ideas and programs out there you should know to make it better for all involved and give you the edge.

Sometimes the time you need financing most, you might not get it. If you owe a vendor or supplier, especially one you want to continue doing business with, what do you do if you get behind? Should you try to get financing, pay the supplier or just walk? Well, if you want to do business again with that supplier, you'd better pay or work it out. Certainly your business credit score, the D&B, is important and you need to concentrate on how payable affect that. OK, so you're a little behind. Your suppliers are yelling, but you still need suppliers. You apply at the bank and you don't have success. What now? Accounts Payable financing is available. Often for a fee upfront, specialized firms can provide 100% financing for your payables due to your creditor - or they can step in and negotiate with your suppliers for a reduction in the payables due. Suppliers would prefer to be paid in full, certainly but they'd also prefer a partial payment rather than no payment - especially if you are going to continue doing business together. If you get behind, there are solutions. In this economy, suppliers are more flexible and they would rather keep the business moving rather than shut it off. Jim Frey - jim@doughforthdream.com

OK, so you're heard about SBA loans - how they can help you start a business, buy a business, buy commercial real estate, expand, refinance, etc. But what are the main programs? What is the process? I try to explain here what the two main programs are; the 7(a) and the 504. I talk about how most lenders/banks look at a business, the cashflow, and you personally - in everyday language. Then I explain the timing and application process for the financing. The process always seems a bit overwhelming to people at first but once they heard it and start moving ahead, it isn't so bad. Get that momentum going. Listen up, and thanks! Jim Frey - doughforthedream.com and doughforthedreamblog.com

Did you know that you can use your 401k, IRA, and other retirement accounts to start, buy, or expand a business? Real estate? Without putting a loan against the funds and without paying taxes or penalties, there are multiple firms that will ROLLOVER the funds and you can use for business operations, start ups, purchases, etc! You have alternatives ! In today's world where banks are tough, values are low, and things are tighter, why not invest in yourself? Forget about getting qualified. Go make it happen! www.doughforthedream.com and www.doughforthedreamblog.com

I enjoy helping people finding solutions with their business or with their dream of starting a business. This podcast is about buying a business - business acquistions - and/or buying commercial real estate. Many times it is possible to finance a business acquisition or the sale/purchase of commercial land/buildings with SBA loans, conventional loans, etc. However, there is a great, flexible alternative especially if there is a lot of Goodwill, or if the bank doesn't "See" the right experience on a resume, if the buyer has poor credit, or not enough income. Or perhaps there is a business that has been strong but has some minor 'hiccups' and banks don't like it. Listen to this flexible system that is fair to both buyers and seller, allows some passive income if desired - and provides business brokers another way of selling a business. Thanks for taking the time!

I love help people find financing for their business and find solutions. My podcasts are about helping entrepreneurs start a business, expand a business, refinance, purchase, increase cashflow - all things to help the American dream of owning your own business....I want to help you find dough for the dream. My podcasts will discuss start-ups, leasing, accounts receivables, loans, lines of credit, 401k and IRA financing, collateral loans, hard money loans, and many other alternative choices so you can make it happen. I also discuss some good marketing and branding ideas and the emotional aspect of business - you have to be driven (know why you're doing it), you've got to be passionate, and work with the end in mind - where do you want to be and what can you do today to get 'there". More free info at www.doughforthedream.com and doughforthedreamblog.com