Podcast appearances and mentions of mark ritter

From the average consumer's perspective a bank and a credit union may offer the same products, and appear the same when standing in the building.  But a bank and a credit union have very different lending criteria, a different mindset, and well, report to different people as stakeholders.  My guest today is Mark Ritter, CEO of Member Business Financial Services. Mark and I discuss why a Credit Union may be a better option for landlords in this ever-changing environment.

Are you ready to rethink how young people approach money and build lasting financial confidence? Welcome to Credit Union Conversations, hosted by Mark Ritter, CEO of MBFS, a business lending CUSO serving clients across the United States and Puerto Rico. In this episode, Mark is joined by Todd Romer, who partners with credit unions to leverage his "Do Money Differently" financial education approach as a powerful tool to attract younger members. With paycheck-to-paycheck living at a record high of nearly 75% and rising, Todd's strategy challenges traditional financial advice, focusing on practical, transformative steps for young adults. Today, they'll dive into Todd's journey with Young Money University, the unique advantages credit unions offer, and actionable insights on investing and avoiding college debt traps.IN THIS EPISODE:(00:00) Intro(01:39) Todd Romer discusses Young Money University(05:20) Credit unions offer named savings accounts to save purposefully (09:36) You don't have to be an expert, start with a platform like Acorns(11:13) Upbringing shapes our money habits, set up a college budget and discuss career goals and costs(21.57) How to start investing in the stock market and its historical 10.2% annual return KEY TAKEAWAYS: Early exposure to investing shapes lifelong financial habits. To foster enduring financial confidence, begin teaching teens about money and investing. Providing young people with targeted financial education, emphasizing a distinctive approach to money management, is essential.Credit unions should emphasize their unique benefits, like named savings accounts, to attract younger members.Guide high schoolers to consider affordable education paths and discuss financial realities early to avoid debt. College debt is a growing concern, with many students unaware of cost-effective options.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInYoung Money University - WebsiteBIOGRAPHY:Todd Romer is passionate about financial education. He has helped thousands of people take on a new lease of life by providing them the exact steps to dream, save, spend, invest and give money DIFFERENTLY to reach goals/dreams. Todd also partners with credit unions to use DO MONEY DIFFERENTLY financial education as their most valuable marketing tool to drive younger membership growth.

MBFS CEO Mark Ritter and a guest from his team catch up on the latest happenings at MBFS, the credit union industry, and other odds and ends.IN THIS EPISODE:(00:00) Craig Page shares his professional background and responsibilities(01:57) Mark introduces a new, shorter episode format featuring MBFS team members(04:30) Mark and Craig discuss their moves from suburbia to rural areas(06:49) MBFS sees unexpected growth in 2025 in the CUSO(08:41) Craig explains the value of small credit unions in partnering with a CUSO like MBFS(10:32) Craig shares his reaction to the boom in lendingKEY TAKEAWAYS: The Credit Union Conversations podcast has introduced a shorter, more conversational format featuring "quick hitters." These episodes, airing twice monthly, will focus on current industry topics, updates from MBFS, personal anecdotes, and team insights, in contrast to their traditional long-form interviews.Despite expectations for a flat year, MBFS has experienced rapid growth, with seven new credit unions joining early in the year and 18 more in the pipeline. Loan volume has also increased, reflecting strong demand for its services.Smaller credit unions are increasingly entering the member business lending space but face resource and staffing challenges. MBFS offers a “plug-and-play” solution, handling everything from origination and servicing to loan workouts, making it easier for credit unions to scale without heavy internal investment.RESOURCE LINKS: Mark Ritter - WebsiteMark Ritter - LinkedInCraig Page - LinkedInMBFS, CUSO, Mark Ritter, Credit Unions, Growth, Lending, Origination, Servicing, Pipeline, Small Credit Unions, Team, Industry, Business, Partnerships, Future of Lending, Boom in Lending, Unexpected Growth, Partnering With MBFS, Services, Loan Volume, Business Lending

I'm Mark Ritter, and this is Credit Union Conversations. Today, I'm joined by Austin Wentzlaff from Nook to discuss how credit unions can evolve beyond competitive rates and traditional relationships by using digital tools to deepen member engagement. We'll explore how Nook takes a fresh approach—focusing on lifestyle topics like travel, health, and relationships—to build trust and naturally drive financial product adoption. Plus, we'll dive into the role of venture capital in fintech, the challenges early-stage companies face, and what it really takes to bring innovation to the credit union space.IN THIS EPISODE:(00:00) Introduction(01:50) Austin shares his professional journey(07:36) Austin explains Nook's purpose and how it operates(13:39) How is the industry responding to the premise of Nook's purpose(17:44) What is in Nook's future and Austin explains the roots of FinTech Accelerator(25:16) Discussion of venture capital KEY TAKEAWAYS: The credit union industry has thrived on competitive rates and strong member connections, but digital tools now deepen engagement. By focusing on lifestyle topics over direct financial discussions, this approach builds trust and drives natural product adoption.Successful early-stage fintechs and QSOs must be innovative, not just marginally improving existing solutions. They should be in a pilot phase with limited clients and employees, and they must be genuinely committed to the credit union industry rather than just exploring it as a potential revenue stream.While venture capital provides diversification and reduces risk for credit unions, it can also create a disconnect. Historically, credit unions invested in QSOs they were already working with, ensuring strategic alignment. The shift toward aggregated investment funds may weaken direct relationships between credit unions and fintechs, potentially impacting strategic collaboration.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInAustin Wentzlaff - Nook - LinkedInNook - WebsiteAustin's EmailBIOGRAPHY: Austin Wentzlaff is the Co-Founder & CEO of Nook and brings 10+ years of credit union industry, CUSO, and Fintech startup leadership experience.Prior to starting Nook, Austin was the Founder and CEO of Fintech Accelerator, a consulting firm focused on bringing new technologies to the credit union industry, whose client list included CUSOs, RenoFi and Illuma, among other successful startups. Prior to founding Fintech Accelerator, he was the Chief Revenue Officer overseeing sales and marketing efforts at OnApproach, a CUSO acquired by Trellance in 2019. He has spent the entirety of his career in the credit union industry, where he has worked exclusively for Fintech startups from the earliest stages of growth through exit. Austin has extensive experience working with Fintech startups as an early employee (joining OnApproach, Illuma, and RenoFi all with less than 10 employees) and a key contributor, instrumental in their early success. Austin is an alumnus of Gustavus Adolphus College, where he received a degree in Financial Economics.

Welcome to Credit Union Conversations! In today's episode, host Mark Ritter is joined by the industry's leading expert, Mark Treichel, to uncover the mysteries of the NCUA exam and guide you through its complexities. With insights on risk management, cybersecurity, and evolving regulations, Mark Treichel offers invaluable advice on navigating credit union challenges, especially with a new administration in place. Tune in as they discuss everything from working through exam processes, the impact of office buyouts, to the current state of credit risk and empty office spaces. Plus, get an insider's look into the concept of regulation by enforcement and how credit unions can better manage their cybersecurity efforts. Stay with us to hear Mark's advice on reaching out and getting expert assistance on your next NCUA exam.IN THIS EPISODE:(00:00) Introduction (01:34) The NCUA exam and a new administration(09:27) Buyouts and requirements of working in person(13:27) Credit risk management and empty offices(19:10) Cybersecurity and regulation by enforcement(27:53) Connect with Mark TreichelKEY TAKEAWAYS: The change in administration, particularly moving from one political party to another, significantly influences the NCUA's priorities and approach. This shift often creates chaos as new leadership adjusts priorities and regulations. The NCUA is currently dealing with internal challenges, such as a hiring freeze, regulatory pauses, and staff buyouts. These factors contribute to uncertainty within the agency and affect its ability to fulfill its mission effectively. The chaotic environment could lead to turnover, with highly skilled employees either retiring or leaving for other opportunities.There is a focus on "regulation by enforcement," where policies are often clarified through enforcement actions rather than proper regulation. This creates ambiguity and strain on organizations, and there is a push for rules that strictly follow the intent of the law to avoid overreach and unnecessary penalties.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInWith Flying Colors - PodcastMark Treichel - WebsiteCredit Union Regulatory Guidance - PodcastBIO: With 33 years of experience at NCUA, I've served in key roles, including Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. Starting as a ground-level examiner, I rose to the organization's top. As Executive Director, I supervised Regional Directors, gaining unparalleled insight into NCUA's operations and decision-making processes.Our TeamI lead a team of former NCUA experts with a combined experience of over 240 years in credit union regulation and supervision. This wealth of knowledge allows us to provide comprehensive, insider perspectives on all aspects of credit union operations and regulatory compliance.How We Can HelpWe offer assistance with a wide range of credit union challenges, including:1. Examination preparation and response2. Regulatory approval processes3. Document of Resolution (DOR) issues4. CAMEL code assessments and improvements5. Risk management (credit, interest rate, liquidity, etc.)6. Regulatory compliance (BSA, Fair Lending,...

Mark goes 1-on-1 with Erie FCU CEO Brian Waugaman on various topics in and out of the credit union space. What's it like to live in Erie? How did he navigate becoming CEO after a long tenure at the credit union? What's working and what needs work today? What is Brian's crystal ball on the future? All this and more as Mark Ritter and Brian chat it up. IN THIS EPISODE:[1:32] Brian shares his career journey, and he arrived at Erie FCU[4:56] The history of Erie FCU and managing the business around Erie's winter conditions[10:33] Brian discusses working his way through the organization and the importance of community[16:45] Brian talks about the process of becoming CDFI certification and his hopes to provide funding for small business owners[21:32] Brian discusses how to drive commerce, get involved in the community and market CDs to benefit members[27:50] What is the future of the credit union space KEY TAKEAWAYS: When promoted within a company, success hinges on building trust and fostering cooperation with colleagues. Clear communication, defined responsibilities, and accountability are essential. Stay focused on the organization's vision and mission to lead effectively.Erie FCU refined its vision and mission to focus on becoming the most trusted financial resource in the region and delivering responsible financial solutions that meet community needs. These guiding principles shape the credit union's daily efforts and long-term success.Erie FCU sees technology and innovation as key future drivers. While member satisfaction has declined compared to larger banking competitors, the credit union recognizes the need to adapt to evolving technological expectations, similar to the "Amazon effect," to stay competitive and meet member needs.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInBrian Waugaman - LinkedinErie FCU - WebsiteBIOGRAPHY: Brian Waugaman is a longtime veteran of Erie FCU and has been its CEO for the last ten years. He is well-rounded in his credit union skills and touched virtually all aspects of the institution during his tenure. Erie FCU is a CDFI focused on the communities in northwest PA.

Welcome to this episode of Credit Union Conversations with Mark Ritter, where we delve into the strategies that set credit unions apart in a competitive financial landscape. Today, Mark is joined by Bill McKenna from McKenna Marketing, who brings a wealth of experience from the advertising industry to the credit union space. Together, they explore the critical importance of building strong, core relationships with members, ensuring they feel valued and connected to their credit union. This connection is essential to prevent members from seeking alternatives and to maintain their loyalty. Bill shares actionable insights on branding, the challenges credit unions face in attracting and retaining members, and the evolving needs of the credit union community. Tune in as they discuss how a well-executed vision and a focus on member relationships can propel credit unions to the forefront of the industry.IN THIS EPISODE:[0:24] Mark invites the listener to check out MBFS, which is an a la carte service provider[1:22] Mark introduces Bill, and he shares his journey from the advertising business to the credit union space[6:22] Bill describes what McKenna Marketing does, and Mark and Bill discuss the evolving credit union from days gone by[10:29] Bill discusses four topics that will remove obstacles and make way for the growth of your credit union, and they discuss which credit unions need deposits and not loans[15:37] Bill outlines the problems credit unions are having in attracting new members and keeping the members they currently have[19:20] Discussion surrounding competition and rising to the top of the competition[25:04 Discussion surrounding the sales and service culture and the benefit of face-to-face consultationsKEY TAKEAWAYS: The branding of your credit union is critical for recognition to your communityA credit union must have a vision of where they are going, understand what opportunity looks like, and determine whether it can be a reality. Then, you must execute those ideasBuilding a relationship with members is the most essential thing a credit union can do. People want to know that you care about what's important to them, so create value in your marketing messageRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMeKenna Marketing - WebsiteBill McKenna - LinkedInBIOGRAPHY: My passion is to learn more about you and your companies' goals. I'm passionate about building relationships, starting conversations, sharing ideas, and adding value to your organization. I've learned first-hand that no one person has all the answers. I'll learn from you first then we will combine our knowledge, experiences and expertise with the right partners to magnify opportunities, empower growth, and achieve results.I've had the privilege of working with more than 500 credit unions and community banks nationwide on marketing and growth strategies. I don't know everything, but I've seen first-hand what works, and what does not. Every partner I've chosen to be part of McKenna Marketing Network brings a wealth of expertise, experience, vision and insights. It's not one size fits all - It's about identifying what works for you. My roles have including Art Director, Creative Director, and Vice President of Marketing and New Business Development for several marketing and advertising agencies located in New York, New Jersey, and Pennsylvania.I'm the former President

Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast. In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show!  Key Takeaways [00:00] Introducing Mark Ritter and his background [02:43] The difference between a credit union and a bank [08:35] How can people work with a credit union? [10:58] Type of loans offered to real estate investors [16:01] "Credit analysts are very smart" [19:48] Small business loans [29:49] Connect with Mark Ritter and MBFS Guest Links Website – mbfs.org  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Today, Mark Ritter shares his insights on the state of credit unions and strategies for running a successful credit union. He discusses the challenges and benefits of working remotely and emphasizes building strong community relationships. Mark also offers his perspective on whether attending all available conferences is wise. His comprehensive analysis aims to guide credit union leaders toward sustainable success.IN THIS EPISODE:[0:24] Mark gives an update on his life and MBFS, and discusses working remotely for himself and how other businesses manage to work remotely[5:02] Mark invites the listeners to reach out to mritter@mbfs.org with topics and guest suggestions for future podcasts [9:04] How MBFS can help Credit unions who are struggling as a neutral third party, and Mark discusses working with Inclusive, a National Trade Association of Community Development Credit Unions[11:06] Mark discusses the need for SBA loans, and he advises making lasting relationships to ensure success in the credit union space and seeking out the 95% who are not using a credit union[17:15] Mark discusses being on the road going to conferences and his desire to see conferences educate the attendees and discuss topics to problem-solve issues[21:36] Mark wants to provide value to credit unions, and he appreciates you, the listenerKEY TAKEAWAYS: Mark is interested in providing content through his podcast that listeners want to hear, so if a listener has a suggestion for a topic or a guest, contact Mark.Credit unions will be successful if they work hard to build relationships. Don't rely on a large commercial loan to sustain you; instead, focus on the community, build relationships, and reach 95% of those not using credit union services.Conferences have become very expensive. It would be helpful to have more conferences that deal with the issues and problems a credit union faces rather than hear motivational speakers. RESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedIn

Bill Beardsley of Michigan Business Connection joins our host, Mark Ritter today to hit a wide range of topics from the credit union and non-credit union worlds. Since Bill's office is in Ann Arbor and he's a Michigan State fan there will bound to be some Big Ten talk sprinkled in the conversation.IN THIS EPISODE:[2:26] Bill shares his professional background[7:47] Discussion of the creation of QUOS and the NCOA[13:13] Bill discusses his role at NACUSO and its function[17:17] Bill explains what is working for credit unions in 2024 and what challenges he expects[25:07] Discussion of grooming people within the credit union space to continue the business when leadership positions become available and the way the NCUA could improve[32:07] Bill gives his advice on starting a new QSOKEY TAKEAWAYS: The culture of the banking industry and the credit union space are vastly different. With a credit union, it is about relationship building in the communityQUOS's success is due to its focus on the consumer rather than just making moneyCollaborative relationships among QUOS and credit unions create an atmosphere of cooperation and knowledgeRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMichigan Business Connection - WebsiteNACUSO - WebsiteBIOGRAPHY: Bill Beardsley is a financial services professional with more than 30 years of business and community organization leadership responsibilities. Led the start-up of the MBC "CUSO" in 2004 to energize and enable Michigan credit union success in commercial lending; now recognized as a leading CUSO in the USA with more than $1.5 Billion of commercial loan commitments under management. Board member for NACUSO, the national trade association for CUSOs, frequent industry event speaker related to CUSOs, collaboration, credit risk and commercial lending and personal advocate for the American Red Cross, American Foundation for Suicide Prevention and the Cystic Fibrosis Foundation.

Lance Teinert and Mark Ritter get together to talk about the current state of education and student lending. Today's marketplace is interwoven with the political landscape, so Lance weighs in on how today's news headlines impact his business, CURevl. IN THIS EPISODE:[3:02] Lance describes how he became involved in working with credit unions and weathering the storm we faced in 2018 and, subsequently, Covid[10:26] Lance explains how he derived the name for his QSO[15:30] Discussion on lack of planning for college education[19:55] Student lending programs taking a beating in the media[25:33] Confusion surrounding forgiveness of a federal versus private loan[28:22] Lane describes how his marketing team provides financial aid offices and college fairs with information regarding the credit union available to make loans KEY TAKEAWAYS: Financial planning requires two things. Make a plan and then plan for the disasterEducational finance planning can be accomplished through your credit unionStudent loan forgiveness does not apply to private loansRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInLance Teinert - EmailBIOGRAPHY: Lance Teinert celebrates a career of over 30 years in Education Finance, Financial Technology and Capital Markets by approaching life and business from an entrepreneurial perspective. Establishing and maintaining an ideal work-life balance is easy when you enjoy life both inside and outside of work.Lance is currently the CEO of CURevl, a CUSO that is dedicated to connecting families with credit unions through education finance. Our unique approach to the business intertwines full service, capital markets support and software as a service, enabling credit unions to meet the needs of their members by partnering with experts that get the job done efficiently and effectively.

Alan Ropes and Mark Ritter discuss information security, an essential topic for our listeners. Mark admits he is not a detail guy by nature, but fortunately, VyFi is a Credit Union Service Organization, and they do a great job keeping members' information private. Tune in for valuable information on keeping your data secure.IN THIS EPISODE:[2:06] Alan shares the history of VyFi and how they partner with credit unions[6:58] Alan describes what is involved in protecting members' information[12:14] Alan advises what a credit union should demand from third-party operators to safeguard data[15:41] Discussion of how data breaches can occur, and Alan gives examples[20:26] Discussion on how to determine the risk a credit union should take, and Alan explains how his job is to help a credit union and not be an adversary[26:56] Alan explains what you should do immediately if you have a data breachKEY TAKEAWAYS: Information security comes in many forms. VyFi dives deep into where you store your data, that you have the controls in place, are practicing them, and that they workGood firewalls, perimeter security and passwords are critical. Employees must also follow the rules, and the right policies and procedures must be in place. If there is a breach, handle it immediatelyVyFi operates as the pre-exam before the NCUA gets involvedRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInAlan Ropes - EmailVyFi - WebsiteBIOGRAPHY: Alan Ropes is currently the CEO of VyFi, LLC. VYFI is a Credit Union Service Organization (CUSO) with 100% ownership by Florida-based Launch Credit Union. We work to enable Credit Unions to meet their NCUA and state regulatory mandates in Information Security, Governance and Compliance.

On this episode of the Deal Farm®, Kevin and Ken speak with Mark Ritter, CEO of MBFS to discuss an unbelievably untapped market for investor loans - Credit Unions!  Most investors have no idea the potential to obtain financing on their next investment property!  Tune in to get the scoop!

Volatilitäts-Strategien gelten für viele als Exot unter den Anlagemöglichkeiten. „Zu Unrecht“, sagt Mark Ritter, Portfoliomanager bei Lupus alpha. „Vola-Strategien senken als Beimischung insgesamt das Risiko im Portfolio und weisen derzeit eine äußerst attraktive Renditeerwartung auf“, betont Ritter im Hedgework-Talk. Konkret wirken sich aktuell zwei Entwicklungen am Kapitalmarkt positiv aus: Durch das höhere Zinsniveau hat sich die Verzinsung der Basis-Bond-Portfolios deutlich verbessert. Zum anderen ist die Vola-Risikoprämie heute nachhaltig höher als vor der Corona-Pandemie. Unterm Strich liege die Renditeerwartung für die Vola-Strategie von Lupus alpha mittelfristig bei rund 8 Prozent p.a., stellt Ritter klar.

From the average consumer's perspective a bank and a credit union may offer the same products, and appear the same when standing in the building.  But a bank and a credit union have very different lending criteria, a different mindset, and well, report to different people as stakeholders.  My guest today is Mark Ritter, CEO of Member Business Financial Services. Mark and I discuss why a Credit Union may be a better option for landlords in this ever-changing environment.

Join us as Mark Ritter, CEO of MBFS and Nu Direction Lending, sheds light on unlocking real estate opportunities with credit unions. With expertise in credit union and small business lending, Mark's organizations aim to empower credit unions to fund more loans for real estate investors and small business owners.From starting Members 1st Federal Credit Union's business lending program to leading MBFS, Mark has revolutionized credit union lending, increasing revenue and ensuring positive cash flow. Show Highlights:✅01:45 – Who is Mark?✅07:57 – Portfolio companies✅15:20 – Real estate strategies✅23:34 – Real estate financing✅30:54 – Investor perspective✅36:42 – Final thoughts

Mark Treichel and Mark Ritter talk about their respective backgrounds and what it is like on both sides of the examination process. They also talk about the current state of the NCUA and staffing levels. When should you take on examiners and when to back off? Mark and Mark talk about different strategies.IN THIS EPISODE:[0:52] Mark Ritter introduces his guest and the topic of NCUA Examinations[1:55] Mark Treichel shares his background story[5:35] Mark Ritter shares his background story[7:50] Mark Treichel discusses how the industry has changed over 34 years[9:24] Discussion of the NCUA board meeting on YouTube and what the board has planned for the future[14:04] Discussion of liquidity[16:52] Mark Treichel suggests that credit unions keep their examiner informed and build a working relationship [19:50] Telltale signs of a flawed and incomplete loan paper documentation and discussion of small credit unionsKEY TAKEAWAYS: Thirty-four years ago, who would have thought that your only choice was to go to a credit union or the ATM? Members can now apply for a loan without them physically entering a branch. There are fewer credit unions than there were back then, and there is an extensive use of third parties.Mark Treichel predicts that Chairman Harper will bring forth a rule that there will be a regulation on succession planning, which would only impact federal charters.An Examiner can tell if the credit union has done their job by looking at the loan papers. They also can learn by reviewing the documents of loans that were denied and ones that were approved. RESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMark Treichel WebsiteMark Treichel LinkedinMark Treichel Phone - 407-493-1180BIOGRAPHY: Mark TreichelAfter a 33-year career at NCUA, Mark Treichel served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. He knows how NCUA thinks, why they think it, and the examination process inside and out. Today, he runs a consultancy practice where he assists credit unions with the examination process.

Hey there, welcome back to another episode of Think Business with Tyler. Today we're diving deep into the finance world with Mark Ritter, the man who's reshaping how credit unions support our small business community. From life in the Pennsylvania wilds to the ins and outs of business lending, Mark's got insights you won't want to miss. So, grab your favorite drink, settle in, and let's get our business brains buzzing. My Links:  https://linktr.ee/thinktyler  https://thinktyler.com/podcast_episode/loan-for-entrepreneurs-mark-ritter/ https://thinktyler.com/  Podcast: ThinkBusinesswithTyler.com  Host: Tyler Martin Business Coach  Linkedin  Instagram  YouTube  Learn more about your ad choices. Visit megaphone.fm/adchoices

Credit Union Conversations: The Role of MBFS in Strengthening Credit Unions and Business LendingIn this episode of with flying colors, host Mark Treichel speaks with Mark Ritter, CEO of Member Business Financial Services (MBFS). Ritter sheds light on his journey in the industry, starting from establishing a business lending program at a Central Pennsylvania Credit Union, which grew into one of the top ten in the nation. He shares the challenges and learning incidents related to commercial lending from his extensive experience. MBFS has made a significant impact by helping countless credit union members get the financing they need for business and investment. Ritter underscores the importance of relationship-building, focusing on diverse portfolio strategies, and the advantages of collaboration in the industry. He also encourages credit unions to leverage programs like the SBA lending for their growth.00:00 Introduction and Guest Background03:13 The Journey of Commercial Loans in Credit Unions18:32 The Role of QSOs in Credit Unions20:38 Future of Commercial Lending in Credit Unions24:43 Closing Remarks and Contact Informationhttps://www.mbfs.org/strategic-partners.phphttps://markritter.com/podcasts/

Prepare to unlock the secret vault of financing as Dan discusses the world of credit unions on this episode of REI Marketing Nerds!  Join us as Mark Ritter, a mastermind in cooperative funding, reveals how you could snag better deals and dominate the real estate investment game. Forget everything you thought you knew about loans—this episode could transform your strategy and fatten your portfolio.  Are you ready to revolutionize the way you secure funding? Tune in now and catapult your investing to new heights! Show Highlights: Learn about the ecosystem of credit unions across the country. [02:48] What are the hidden benefits of working with a credit union? [05:43] Find out the difference between a commercial bank and a credit union. [07:52] Growth of business loans from $13 million to over $2 billion. [11:54] How does fixing small issues lead to larger cumulative wins? [15:51] Discover the game-changing fix that can transform mail processing. [16:40] Client and employee satisfaction as key turnaround metrics. [19:03] Why are credit unions a better option for real estate investors? [20:47] Discover this extra layer of protection that credit unions provide. [24:14] Addressing the misconceptions about credit unions. [25:14] Let's analyze the future of the credit union marketplace. [28:55] Find out the reality of technology in the real estate industry. [30:41] For more information about Mark Ritter: https://www.mbfs.org/ http://www.nudirectionlending.com/ https://www.linkedin.com/in/markrittermbfs/ To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: http://adwordsnerds.com/group   Need help with your online marketing? Jump on a FREE strategy session with our team. We'll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: http://adwordsnerds.com/strategy

To access a FREE collection of resources, go to www.TheMaverickVault.com    Today's episode features Mark Ritter unraveling the secrets to obtaining superior loans through credit unions designed to align with your financial objectives. Dive in as he imparts valuable knowledge and sheds light on the unique benefits it can offer for your borrowing needs. Don't miss this opportunity to gain essential insights to propel you toward achieving your financial goals.     Key Takeaways From This Episode Credit Unions: Its nature and how it offers diverse lending solutions Current landscape of commercial real estate financing The complexities in dealing with loan defaults and property value changes Why it's crucial to have stability of interest rates in financial institutions     References/Links Mentioned Freakonomics by Steven D. Levitt and Stephen J Dubner | Kindle, Paperback, and Hardcover     About Mark Ritter Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.   In 2002, Mark launched Members 1st Federal Credit Union's business lending program from scratch, growing it into a top-ten program nationally. In 2012, he became the CEO of a struggling business lending CUSO, which had seen five CEOs in as many years and consistent financial losses. Under Mark's leadership at MBFS, the CUSO expanded its services to over ten times the number of credit unions, increased revenue tenfold, and maintained positive cash flow throughout his tenure. MBFS has played a crucial role in assisting numerous credit union members in securing financing for their business and investment needs. Mark, originally from Berwick, PA, where he was part of a high school football team with national and state championships, later worked full-time as a student assistant for the Penn State Nittany Lions while pursuing his undergraduate degree during Penn State's transition to the Big Ten. Mark continues to support Penn State and currently resides in Sullivan County, PA, with his wife and two teenagers.     Connect with Mark Website: Mark Ritter LinkedIn: Mark Ritter Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com    Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at Legacy Impact Investors, and be sure to register for his newsletter.    Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn.      About Neil Timmins Neil is a commercial real estate syndicator, published author, and podcast host.   Neil's entry point into the Real Estate industry came after a few short years in banking. Recognized by the Wall Street Journal as a Top 100 team and the #1 REMAX agent in Iowa by the age of 29, Neil had solidified his role as a force in the industry.   Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive.   Neil, however, didn't go looking for his first commercial deal, he actually stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow.   Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial asset classes include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and this successful podcast.   Neil and his wife, Emily, are the proud parents of three active teenagers. Those who know Neil say he is a competitor by nature, whether for the biggest fish on a deep-sea fishing trip, the best ribs at a barbeque, or playing football back in his day at his alma mater, the University of Nebraska at Omaha as a Maverick. Neil is always up for travel, spending time on the water, and of course, meeting people interested in learning about and investing in commercial properties.   Click here to see video of the podcast. 

Revolutionize Your Wealth: Escape Traditional Banking Now! Mark Ritter reveals the transformative and revolutionary role of credit unions in this enlightening episode, emphasizing their potential to empower communities and reshape financial landscapes. He illuminates their distinct, member-driven approach, which contrasts sharply with traditional banks, spotlighting their ability to offer innovative and inclusive financial solutions. Ritter presents credit unions as a beacon of financial stability and ethical lending, dedicated to fostering financial health and inclusivity. He projects a future where credit unions lead in establishing new standards in financial ethics and inclusivity, driving profound, positive change in communities and local economies.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapital Instagram: @TeamQuattroCapital Facebook: @TeamQuattroCapital Website: www.TheQuattroWay.com  TikTok:@realestaterunwaypod   [00:00 - 09:59] Exploring Financial Frontiers: Insights on Credit Unions and Real Estate Market Dynamics Mark Ritter is the CEO of M B F S, a credit union cooperative Mark clarifies the benefits and structures of credit unions, emphasizing their viability for real estate financing as member-driven, not-for-profit entities He emphasizes the urgent national need to address the prevailing housing availability crisis They are regulated institutions with FDIC insurance, providing good service and competitive fee structures The conversation underscores the comparative safety and reliability of credit unions with equivalent insurance protections [09:60 - 20:43] Navigating Retail, Office Space, and Credit Union Financing in Changing Markets Cash flow is tightening due to lower interest rates Location remains crucial, with newer retail thriving and older malls languishing Large urban office spaces are in decline due to increased remote work preferences Credit unions are distinguishing themselves with more accommodating financing solutions for real estate The viability of older suburban offices is in question, prompting considerations for repurposing [20:44 - 34:49] The Impact and Potential of Credit Union Lending Mark discusses credit unions' adaptability and tailoring in loan structures to suit borrowers' needs and respond to market shifts He stresses the importance of strong, meaningful connections with borrowers Mark points out the crucial role of local deposits in sustaining credit unions and supporting local economies He emphasizes his passion for fostering financial understanding, particularly among the youth     Quotes:  "Financial education is undervalued in our education system; we need to change that." - Mark Ritter "Nobody's out there on the street protesting against their local credit unions. We're usually perceived as pretty friendly organizations." - Mark Ritter   Connect with Mark through LinkedIn, Or visit his websites http://www.mbfs.org and https://markritter.com/     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Did you know credit unions could be your secret weapon in real estate investing?    Mark Ritter, a credit union and banking expert, joins us to discuss the advantages of working with Credit Unions for real estate investors. He explains how credit unions differ from other financial institutions and the mistakes investors make when working with a lender. Mark also highlights the unique benefits of credit unions, such as their cooperative structure, which is owned by members and managed by an elected board of directors. Mark provides excellent insight into this area and encourages people to take advantage of them as they offer fairer terms than traditional banks, cannot charge prepayment penalties, and keep and manage their funds.    Listen to learn more about how real estate investors can benefit from credit unions and build long-term relationships with lenders!   [00:00 - 06:42] The Advantages of Credit Unions for Real Estate Investors  Introducing Mark to the show Credit unions are cooperatives, not-for-profit financial cooperatives owned by the members of the organization Credit unions offer a relationship with their lender and local institution   [06:43 - 14:10] Credit Unions: A Different Approach to Obtaining Investment Property Loans Credit Unions cooperate and share resources to increase scale Credit Unions are generally smaller than banks, with an average of 250 million in assets Consolidation is happening within the credit union space, but the philosophy of helping people in their local marketplace remains Obtaining a loan from a credit union requires collecting financials, sales agreements, appraisals, rent rolls, and projections   [14:11 - 22:58] Credit Union Balance Sheets Federal credit unions cannot have prepayment penalties Credit unions keep and manage their own money, not borrowing from Wall Street For every dollar of deposits, credit unions lend out 85 cents to local businesses and members Mistakes to avoid when getting an investment property loan include not understanding the lender, talking to the wrong person, and ignoring requested information   [22:59 - 27:15] Closing Segment Best investment: helping out a small tea shop Worst investment: a loan that was government-guaranteed The most important lesson learned: staying within your lane of what you know Quotes:   "Credit unions philosophically are somewhere that you can have that relationship and conversation to get all of your things done that everybody listening knows credit unions do, but also the real estate piece of it as well for your investments." - Mark Ritter   "We don't just simply jam who you are into a machine, and out comes an answer. We like to have conversations about who you are. What are you thinking about for this project? What do you have and where are you going in the future?" - Mark Ritter Connect with Mark! Website: www.mbfs.org LinkedIn: https://www.linkedin.com/in/markrittermbfs/  Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/   Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.   Join our Passive Investor Club to access passive commercial real estate investment opportunities.   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Join Nick Lamagna on The A Game Podcast with his guest Mark Ritter, an athlete, entrepreneur and funding phenom fighting out of Pennsylvania who is the CEO of MBFS and an expert in credit unions and business lending. Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO.  Mark increased the number of credit unions the CUSO services by over 10x, grew the revenue by 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.  He runs Nu Direction lending and specializes in all things credit unions, small business lending and getting funding for people in various situations they may struggle getting from conventional bank lending.  Listen to the full episode for lots of amazing funding advice and tips from the lenders side of the table to help you get more money! Topics for this episode include: ✅ What to watch out for when building business credit ✅ Do credit unions only lend based on credit ✅ What are the banks scared of in this market ✅ What should you be looking for in your loan documents ✅ How to get approved for more loans ✅ Top mistakes investor make when getting a loan ✅ How investors can protect themselves from a market crash  + More! See the show notes to connect with all things Mark! Connect with Mark: Mark Ritter on LinkedIn www.mbfs.org mritter@mbfs.org --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers

Embark on an enlightening exploration of real estate investment loans with our special guest, Mark Ritter. As the CEO of MBFS, a company that aids Credit Unions in providing and managing these loans, Mark brings his two-decade wealth of knowledge and experience into our discussion. Get a glimpse into the world of facilitating over $400 million of loans annually, learn about the diversity of loan types, and unlock the potential of credit union collaboration. With Mark's advice on personal growth and his passion for impacting small towns, this episode is a smorgasbord of lessons and takeaways. Tune in and let the chronicles of the past inspire your future in real estate investing.Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation.In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 10x, grew the revenue by 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.Mark is a native of Berwick, PA, in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time, Penn State transitioned to the Big Ten, which culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in the mountains of Sullivan County, PA, with his wife and two teenagers.Learn more about Mark:Website: https://markritter.com/LinkedIn: https://www.linkedin.com/in/markrittermbfs/Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Meet Mark Ritter. A credit union based lender with an amazing insight into real estate investor solutions. Here's a snapshot of our conversation: So, you know, one of the differences in that we see out there, I, I'm going to kind of lift up the covers of the financial institutions today. Nobody. Even credit unions, but particularly banks, nobody ever says, we're not lending today, but there's a lot of lenders behind the scenes who are saying, we're not lending today. And what they do is they raise the interest rates or tighten the box to make it so they're not lending. And that really comes down to one thing and it, and it's not demand for loans. It's liquidity concerns. You know, and some people put a cover on it like, oh, we're concerned about the marketplace, we're concerned about this. No, they, they're concerned about their own liquidity. Listen in and learn friends. A credit union may actually be the local solution you need. Connect with Mark: CONNECT Mark's website: WEB

For further information go to: www.jenniferjhammond.com Mark Ritter Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by , and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time Penn State transitioned to the Big Ten and culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in Bucks County, PA outside of Doylestown with his wife and two teenagers.

Mark Ritter is a passionate advocate for building better relationships and connecting people through credit unions. He understands the value of personal connections in the financial industry, and how they can be lost when banks merge or people move around. With over 125,000,000 Americans belonging to credit unions, Mark believes that these not-for-profit financial cooperatives are like unicorns in the industry, offering competitive rates and friendly terms to their members. While many people may associate credit unions with basic services like auto loans and ATMs, Mark knows that they can be a significant source of funding and liquidity for real estate investors. However, he realizes that there is a need to bridge the gap between real estate investors and credit unions. By facilitating this connection, Mark aims to bring financing opportunities and the unique benefits of credit unions to the forefront. What sets credit unions apart for Mark is the process. Unlike traditional lenders, credit unions engage in conversations with their members, ensuring that they fully understand their financial needs and goals. It's not just about submitting and approving loans; it's about building relationships and providing personalized support to members. Mark's mission is to promote and enhance the relationship between real estate investors and credit unions, allowing both parties to benefit from the competitive rates, friendly terms, and conversational approach that credit unions offer. Through his work, he hopes to help people fulfill their financial goals while fostering stronger connections in the industry.

Acknowledging the significance of the current market environment, we present to you a recap of Episode 136 titled "The Credit Union's Investing Power" featuring our guest, Mark Ritter. In this episode, we delve into the discussion of various loan products and services to help you maximize your investments in multifamily deals and pursue other business endeavors. Let's dive right in!   WHAT YOU'LL LEARN FROM THIS EPISODE  Credit Unions: What they are and their products and services The real estate market a year ago vs. now What is the most desirable asset for lenders? Conservative ways to underwrite amid rate hikes   How your company's core values can benefit your relationship with lenders   RESOURCES/LINKS MENTIONED  Maslow's Hierarchy of Needs Mid-America Apartment Communities    ABOUT MARK RITTER A native of Berwick, PA in northeast Pennsylvania, Mark is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by, and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.   CONNECT WITH MARK Website: Member Business Financial Services | Mark Ritter LinkedIn: Mark Ritter   CONNECT WITH US  Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shaw n Winslow Facebook: Shawn Winslow  

If your business is booming and you're looking to expand, chances are you're going to need access to capital. So, how hard, or easy, is it for a business owner to obtain money and resources when growing their business? My guest today is here to answer this BIG question!  Meet Mark Ritter, the CEO of MBFS, a credit union organization that specializes in providing loan services to credit unions, so they can provide crucial loans to people in their community. To say the least, Mark is the man when it comes to better understanding loans. Take a look inside the world of business assets as we discuss what you need to have in place to get approved for loans, best practices when it comes to handling your money, the ins and outs of credit unions, and how to become a member of one. We also delve into the misconception that credit unions only provide consumer-based services, how they have evolved to offer business loans, and our personal philosophy and commitment to helping small businesses grow! Did this episode spark your attention? You can learn more about Mark or loans and credit unions by going to his website! About Your Host DCA Virtual Business Support President, Denise Cagan, has been working with small businesses for over 20 years. She has served on the boards of professional organizations such as Business Leaders of Charlotte (BLOC) and the National Association of Women Business Owners Charlotte (NAWBO). Denise is also a graduate of the Goldman Sachs 10,000 Small Business Program, which is a program for small businesses that links learning to action for growth-oriented entrepreneurs.   Recognized as a facilitator, problem solver, and builder, Denise enjoys speaking to business groups about social media for small businesses and motivating remote and work-from-home (WFH) teams. She holds a Bachelor of Science in Quality Systems Management from James Madison University. With extensive experience in outsourcing solutions that provide administrative, creative, marketing, and website support, she is able to help other small businesses grow and thrive. Connect with Denise DCA Virtual Business Support website. View and listen to Podcasts with Denise Cagan. LinkedIn

The sermon material comes from umcdiscipleship.org

How can focusing on small improvements lead to exponential growth in your real estate investments? In this episode, we're joined by Mark Ritter, a seasoned investor and entrepreneur who has successfully built his real estate empire. Mark believes that success in real estate investing depends on consistent effort toward all the little pieces that lead to wins. He emphasizes the importance of cooperation and building relationships in business. Having worked in the credit union industry, he knows firsthand the value of listening to clients and solving their problems to build loyalty rather than trying to fix everything at once. Tune in and discover why having open relationships with competitors can lead to more opportunities and better outcomes for everyone involved! Mark Ritter is the CEO of MBFS and an expert in all things credit unions. MBFS is owned by 13 credit unions and works with over 90 credit unions to bring together real estate investors and their credit union partners. [00:01 - 04:40] Opening Segment • Focus on incremental improvement rather than swinging for home runs • Consistent effort towards goals leads to compounding growth The real estate investing industry [04:41 - 09:33] Coopetition and Good Relationships Key to Success in Business • Building good relationships with colleagues and competitors can lead to big wins • Coopetition model can lead to referrals and increased loyalty from clients • Understanding and open relationships with competitors can be helpful in complex transactions [09:34 - 11:10] Closing Segment • Why helping others get the best transactions is a priority Connect with Mark: Website: MBFS LinkedIn: Mark Ritter Key Quotes: "What has helped me out most throughout the years is focusing just on getting one piece of my business better, one piece of me better, and over time it just becomes exponential growth." - Mark Ritter "Every day, you either get better or worse, but you never stay the same." - Mark Ritter WANT TO LEARN MORE? Connect with me through LinkedIn. Or send me an email at sujata@luxe-cap.com Visit my website, www.luxe-cap.com, or my YouTube channel. Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Are you curious about how credit unions are changing the lending landscape? In this episode, Mark Ritter shares his expertise on how credit unions can benefit real estate investors. He discusses how people are starting to move back to urban areas, leading to a leveling out between major urban and suburban areas. Mark advises borrowers who anticipate stress in their portfolio to talk with their lenders before falling behind on payments and touches on the risks associated with large, single-tenant office spaces in today's remote work environment. This episode is packed full of insights into current trends and challenges facing real estate investors today. Tune in to learn how credit unions can be an excellent option for your next investment property! Mark Ritter is the CEO of MBFS and an expert in all things credit unions. MBFS is owned by 13 credit unions and works with over 90 credit unions to bring together real estate investors and their credit union partners. [00:01 - 08:37] Opening Segment • CEO of MBFS, Mark Ritter, discusses credit unions and their role in real estate investing • How credit unions prioritize relationships and offer fair, accurate, and friendly terms and conditions Being more flexible in who they can lend to and offering no prepayment penalties • Having conversations with investors to create a structure that makes sense for both parties [08:38 - 17:20] Credit Unions Shift Towards Community-Oriented Lending • Credit unions have become more broad-based and community-oriented compared to the past • How inflation has put pressure on depository financial institutions for liquidity needs • Housing continues to be tight, especially in areas where populations have boomed • Micro-level market analysis is essential when considering property acquisition or refinancing [17:21 - 25:56] Potential Risks in Commercial Real Estate Market • Urban areas are seeing a leveling out with suburban and smaller city areas • When shopping for a lender, understand their financials and liquidity position • If anticipating loan payment stress, talk to your lender face-to-face before delinquency Pay taxes first and keep lines of communication open with lenders [25:57 - 29:27] Closing Segment • Large single-tenant office spaces pose the most risk in today's market • Tenant diversity is vital in minimizing vacancy risk in commercial properties Connect with Mark: Website: MBFS LinkedIn: Mark Ritter Key Quotes: “If you're rich and have good credit and your portfolio's perfect, you can walk in anywhere and get money.” - Mark Ritter “Our success is dependent on you succeeding.” - Mark Ritter “We want to make sure that the structure and the deal makes sense for now and in the future.” - Mark Ritter WANT TO LEARN MORE? Connect with me through LinkedIn. Or send me an email at sujata@luxe-cap.com Visit my website, www.luxe-cap.com, or my YouTube channel. Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

LifeBlood: We talked about credit union business loans, how banks are managing liquidity problems, how to be a good borrower and understand your lending agreements, and how small business lending is changing with Mark Ritter, CEO of MBFS, working to provide small business owners with the funding they need! Listen to learn how to effectively communicate with your lender when you run into business problems! You can learn more about Mark at MBFS.org,MarkRitter.com and LinkedIn. Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: ​​https://ratethispodcast.com/lifebloodpodcast You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood

CU 2.0's Kirk Drake and MBFS's Mark Ritter figure out what is wrong in today's world and how they can fix it asap! This is round robin and unscripted so you don't know what will go on in today's episode. IN THIS EPISODE:[01:30] Kirk's origin story and what he's up to today. [06:00] Kirk and Mark discuss CEO transitions. [13:00] Increasing members and deposits. [22:00] Kirk's west coast perspective on the Marijuana banking industry.  KEY TAKEAWAYS: Successful CEO transitions happen when companies have a slow transition involving working together before changing over completely. Building a strong team culture and dynamic is key in successfully moving a company forward. Credit Unions may need to change in order to better serve their members and adjust and grow with them as needs and trends change. RESOURCE LINKSMark Ritter WebsiteBIO:   Kirk Drake is a lifelong entrepreneur, author, and founder of CU 2.0. His entrepreneurship focuses on connecting the innovation of fintechs with the mission of credit unions. He has built 8 successful businesses, including CU Wallet, the CUSO Ongoing Operations, CU 2.0, and now Painted Hills.

SERMON | "Happy New Year!" by Mark Ritter at Sellersburg United Methodist Church in Sellersburg, IN

More on YouTube? Check the video version on YoutubeWho is the Guest?Mark Ritter is an expert in all things credit unions and real estate investing. Mark is the CEO of Member Business Financial Services or MBFS. MBFS is a credit union-owned company providing investment real estate financing through a network of over 90 credit unions.Visit Him at: Linkedin: https://www.linkedin.com/in/markrittermbfs/Website: www.markritter.comStart taking action right NOW!Goal-setting the right way! Hesitant to make the first step towards real estate investing? Axel learned the hard way- but you DON'T have to start that way. Feel free to talk to him :)Connect with us through social! We'd love to build a community of like-minded people like YOU!

Are you a business owner looking for funding to help your company grow? Today, we asked credit union expert Mark Ritter to share what makes a credit union a critical funding source and how it can be flexible enough to deal with rising interest rates. Find out what makes someone creditworthy here!     WHAT YOU'LL LEARN FROM THIS EPISODE  Credit union: Its products and services Real estate market a year ago vs. now The most desirable asset for lenders Lender's perspective on the effects of rate hikes on lending Ways to underwrite amid rate hikes   How the company's core commitments can benefit you with lenders   RESOURCES/LINKS MENTIONED Maslow's Hierarchy of Needs Mid-America Apartment Communities  ABOUT MARK RITTER  A native of Berwick, PA in northeast Pennsylvania, Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by , and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.     CONNECT WITH MARK  Website: mbfs.org |  markritter.com LinkedIn: Mark Ritter     CONNECT WITH US  Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow Facebook: Shawn Winslow

Learn about credit unions and the funding systems they offer businesses in today's episode with Mark Ritter. Don't miss our discussion about what relationship-reliant credit unions are and why they are a great financing alternative for your real estate projects. So stay tuned!Key Takeaways to Listen forCredit unions: Benefits, structures, and loans availableForces that are reshaping the lending marketHow credit unions increase their borrowing baseCommon mistakes people make when applying for a loan and how to prevent themThe value of existing properties vs. brand-new constructionsResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Mark RitterMark Ritter is an expert in all things credit union and small business lending. He is the CEO of MBFS and Nu Direction Lending, organizations owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities.  In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. After ten years as Member 1st, he took on the challenge of being the CEO of a business lending credit union service organization (CUSO). In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, increased the revenue by 15x, and ensured positive cash flow every full year he has been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.  Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergraduate. Connect with MarkWebsite: Mark Ritter | Member Business Financial ServicesLinkedIn: Mark RitterTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

Hey there, Biz Nerds. Finance nerd, Mark Ritter, joins me on Late Night Happy Hour to educate us on small business lending and what we need to be thinking about to finance the growth of our scaling businesses. We discuss how credit unions differ from banks, why the restaurant industry is risky, reasons why loans or businesses fail, things to be wary of when applying for business loans, and more. Let's dive in and oh, don't forget your cold snacks. To learn more about Bookkeeping, beer and BS, visit: https://www.facebook.com/groups/yourblueskies or go to: https://yourblueskies.com/

What's the reality of a work from home company and their staff? On today's episode, Mark Ritter and Ellen Thorn talk about their experiences managing a work from home staff and the reality of what it is like on a day-to-day basis. Tune in to learn more from Mark and Ellen! IN THIS EPISODE:[01:00] Ellen explains her background and current role at MBFS. [07:39] What works well when managing remote teams? [15:00] Being able to open up the applicant pool as a remote company. [22:00] Tips for managing technical needs for your remote team. [27:50] How to promote camaraderie, relationship building, and teamwork on remote teams.  KEY TAKEAWAYS: Employees tend to love the freedom and flexibility that working from home gives them, in turn making them more productive. Instead of having to hire someone who is in commuting distance, jobs can be filled by anyone from anywhere.IT can be the most challenging piece to manage for remote teamsRESOURCE LINKSMark Ritter WebsiteBIO:  Ellen Thorn is an executive at MBFS overseeing the loan operations and financial activity of MBFS. Ellen joined MBFS after a career in commercial loan servicing and has been integral to the growth of the organization.

Traditional banks are so old school. Shark Bite Biz's David Strausser chats with Mark Ritter of MBFS & Nu Direction Lending about how a community driven credit union may be in better financial interest for your business financial goals. Check out Mark Ritter's site at: https://markritter.com/ Watch us on YouTube: https://youtube.com/c/SharkBiteBiz  Make sure you visit David's article on Forbes.com: https://bit.ly/StrausserForbes Visit our NEW Merch store: https://store.sharkbitebiz.com  Join our Reddit Community: https://www.reddit.com/r/SharkBiteBiz/ Donate to our Patreon to SUPPORT this channel and get some BENEFITS and PERKS: http://patreon.com/sharkbitebiz Subscribe to the audio podcast on: http://www.SharkBiteBiz.com Find out more about the host, David Strausser: http://www.davidstrausser.com Follow David Strausser on Instagram: https://www.instagram.com/dstrausser83/ Follow us on Facebook: http://www.facebook.com/SharkBiteBiz Follow us on Twitter: http://www.twitter.com/SharkBiteBiz Listen on Apple iTunes: https://podcasts.apple.com/us/podcast/shark-bite-biz/id1522304651 Listen on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc2hhcmtiaXRlYml6LmNvbS9mZWVkLnhtbA Listen on Spotify: https://open.spotify.com/show/1CZh0QdNr5Nn8CD8kInMAJ Listen on Vurbl: https://vurbl.com/station/shark-bite-biz/  Listen on Stitcher: https://www.stitcher.com/podcast/shark-bite-biz Listen on iHeartRADIO: https://www.iheart.com/podcast/269-shark-bite-biz-68819872/ Intro music courtesy of Stationary Giant: https://instagram.com/stationarygiant?igshid=1mf4umgejvpgi Connect with David Strausser on LinkedIn: http://www.linkedin.com/in/DavidStrausser Produced by: Francisco Strausser: https://www.youtube.com/channel/UC82qlvfm4mXg3C3AzqPHthw Visit David Strausser @ Vision33: http://vision33.com 

Darren Thompson of Ministry Partners and Mark Ritter meet up to talk about why faith-based lending and member relationships are a nice complement to any credit union. Faith-based lending has some nuances compared to traditional lending but Darren leads us through the best practices and how to access these community organizations. Many credit unions shy away and will not work with churches, but it can be very beneficial in connections. Tune in to learn the benefits of lending to religious organizations. IN THIS EPISODE: [02:04] Darren introduces himself and shares his background [05:26] What makes credit unions nervous about church loans? [10:06] What are the benefits of faith-based loans? [14:48] Darren talks about criteria and red flags credit unions look for when a church applies for a loan [18:08] Darren shares his experience with church lending through COVID [22:06] How does Ministry Partners work with credit unions? KEY TAKEAWAYS: Partnering with a church gives a connection to the community. Churches often engage their lender as financial partners. Serving the church can turn into serving the families. It's important when considering church loans to look at church governance and cash flow. It is better to have an independent board than a pastor who makes all the decisions. Ministry Partners can work together with credit unions to help with faith-based loans. Some examples would be partnering with banking services or helping with the underwriting of loans. RESOURCE LINKS Mark Ritter Website Ministry Partners Website Bio: Darren Thompson is the COO of Ministry Partners. They are a credit union owned CUSO serving the faith-based community through investments and lending.

Hurricane Maria and other storms in Puerto Rico have destroyed their power grid system but also their economy. Cooperativas (Puerto Rican credit unions) have had an incredible impact on the stability and recovery of communities in the aftermath. On today's episode, Rene Vargas Martinez and Mark Ritter discuss how Puerto Rico's cooperativas and Inclusiv are working to make a difference in their local communities. Learn about the history of the cooperativa moment and how you can help support it as well as Inclusiv. IN THIS EPISODE: [01:31] Mark gives an update on the industry [05:33] Rene introduces himself and gives his backstory [9:14] Who is Inclusiv? [15:01] The impact of hurricanes on Puerto Rico in general and financially [19:19] Rene explains the two types of credit unions in Puerto Rico and what the average credit union looks like there [26:19] The outlook for cooperativas over the next few years [29:52] How US credit unions can support Inclusiv and the Puerto Rican cooperativa movement KEY TAKEAWAYS: Multiple hurricanes in Puerto Rico have destroyed their power grids and economies. Cooperativas play a big part in the stability and empowerment of low to moderate-earning individuals. There is some misconception about cooperativas because they are not federally backed. In reality, they are even more secure and have incredible buy-in. Here are some ways to support Inclusiv and the Puerto Rican cooperativa movement: See if you are eligible for CDFI and join Inclusiv. Hire bilingual staff to be able to cooperate with Puerto Rican cooperativas. Offer shared services for members with a partnership. Share notes and technology, as well as industry information. Educate others about the misconceptions with cooperativas. Be the bridge. RESOURCE LINKS Mark Ritter Website Inclusiv Website Bio: Rene Vargas Martinez is the director of Puerto Rico Credit Unions for Inclusiv. A native of the island, Rene is passionate about helping the cooperativas serve the local communities. Inclusiv is a trade association dedicated to closing the gaps and removing barriers to financial opportunities for distressed and underserved communities.

Matt deLisle joins Mark Ritter to talk about their journeys in the podcast industry and the impact it has made at MBFS. Matt's career path has led him to an industry that didn't exist when he graduated college. Now, he is a leader in the podcast guesting industry. Why does podcasting work and what makes it so effective over other mediums? Listen and find out. IN THIS EPISODE: [01:52] Matt's background and how he got into the podcast business [06:27] Matt explains the podcast industry and the benefits of using podcasts as a marketing tool [15:46] The benefit of being a guest on a podcast [20:09] Strategies used to find guests the “right” show [24:05] Information about Interview Connections KEY TAKEAWAYS: Podcasts have a more intimate feel to them than other forms of marketing because they center around conversation. Using podcasts to reach others is beneficial because you have an audience that has made the choice to listen and wants to know what you have to say. Appearing as a guest expert on another podcast for marketing purposes is beneficial because you don't have to put the work into producing it. You also have the benefit of their rapport and trust with their loyal listeners. RESOURCE LINKS Mark Ritter Website Interview Connections Website Bio: Matt deLisle is a member of the leadership team at Interview Connections. He is an expert in all things podcasting. Matt joined a fledgling company that has grown to be a leader in the podcast guesting industry.

Matt deLisle joins Mark Ritter to talk about their journeys in the podcast industry and the impact it has made at MBFS. Matt's career path has led him to an industry that didn't exist when he graduated college. Now, he is a leader in the podcast guesting industry. Why does podcasting work and what makes it so effective over other mediums? Listen and find out. IN THIS EPISODE: [01:52] Matt's background and how he got into the podcast business [06:27] Matt explains the podcast industry and the benefits of using podcasts as a marketing tool [15:46] The benefit of being a guest on a podcast [20:09] Strategies used to find guests the “right” show [24:05] Information about Interview Connections KEY TAKEAWAYS: Podcasts have a more intimate feel to them than other forms of marketing because they center around conversation. Using podcasts to reach others is beneficial because you have an audience that has made the choice to listen and wants to know what you have to say. Appearing as a guest expert on another podcast for marketing purposes is beneficial because you don't have to put the work into producing it. You also have the benefit of their rapport and trust with their loyal listeners. RESOURCE LINKS Mark Ritter Website Interview Connections Website Bio: Matt deLisle is a member of the leadership team at Interview Connections. He is an expert in all things podcasting. Matt joined a fledgling company that has grown to be a leader in the podcast guesting industry.

Understanding not just who your lender is, but how your lender gets paid, is key to securing great financing. Learn from Mark Ritter about why institutions alternative to big agencies are gaining traction.Timestamps [00:29] Intro[01:53] Mark talks about the Member Business Financial Services (MBFS)[02:57] Understanding what a credit union is and what it offers[05:41] The rates and terms and conditions when investors are borrowing money from the credit unions[08:04] Fixed rate of loans[09:23] The difference in the process when a first time investor is borrowing money from the credit union versus other agencies like Freddie or Fannie[10:57] Mark explains the difference between his company and other agencies[12:10] The Importance of investors understanding where their lenders get their money (as it often dictates the terms of your loan)[14:23] Mark talks about the different credit unions they have for various markets[15:41] Key requirements for first time investors when looking for credit union financing[18:56] The best use of a credit union[20:29] Where credit unions might not be the fit; some of the pitfalls of credit union lendingSign Up For Our Free Newsletter where we cover the latest in Stocks & Crypto, Multifamily, and the Nation's Economy: https://perpetualwealthcapital.com/newsletter-signup/Download our free ebook: The Definitive Guide To Building Generational Wealth & Passive Cash Flow Through Multifamily Real Estate InvestingIf you like our content, please give us a rating on the platform you're listening on!Get in touch: Justin@PerpetualWealthCapital.com Let me know what topics you'd like to learn more about.Connect with Mark Ritter;Linkedin; https://www.linkedin.com/in/markrittermbfs/ Website; https://markritter.com/ 

2022 has seen some wild swings in the financial services industry. As the world returns to in-person communication, the credit union industry is open and booming. In this episode, host Mark Ritter reviews the flourishing first half of 2022 and looks at what is to come the rest of the year. Will the second half of 2022 follow the current uptrend?? He shares insights on delinquency, interest rates, and the fundamentals of loan repayment. Mark talks about the state of credit unions, lending, and updates at MBFS.

8 Simple Steps to Change Your Business...And Change Your Life!>>>>>>>>get your free ebook HERE

On this episode, we're talking real estate loans with Mark Ritter of MBFS! Watch at YouTube.MatthewMa.com! Matt Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions to plan the delivery of services to their membership. In 2002, he started Members 1st Federal Credit Union's business lending program as "one person and a desk" with no policies, products, staff, systems or business members. This program grew to be one of the top ten in the nation. Reach out to Mark Ritter at mritter@mbfs.org Connect: LinkedIn: https://www.linkedin.com/in/markrittermbfs/ Website: https://mbfs.org/ Leave a review on iTunes and let me know what you think ! Host: Matthew Ma Matthew Ma is an Investor, Syndicator, Founder, Coach, and Podcast Host. He's a Broker Associate with eXp Realty and strives to help agents grow their business with proven, effective methods learned from experience. Through his podcast, The Truth About Real Estate, and Avant University, he educates buyers, sellers, investors, and real estate agents on the current state of the market, how to use innovations in technology, sales, and marketing to build a scalable business. As an investor and syndicator with Avant Asset Management, he's dedicated to client success by building wealth through investments in apartment building syndications. Reach out to Matthew Ma at Matt@MatthewMa.com.

SERMON | Ephesians 5:1-2, 15-20 - "The Mercury 13" by Mark Ritter at Sellersburg United Methodist Church in Sellersburg, Indiana

Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by , and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time Penn State transitioned to the Big Ten and culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in Bucks County, PA outside of Doylestown with his wife and two teenagers.

You can watch the video version of this episode on YouTube:  https://www.youtube.com/watch?v=6MvijIOM2is This episode: In today's episode, Mark Ritter joined me to discuss how to go about purchasing commercial residential (5 units or more) investment properties. There are different options of financing and we're excited to share how to start building a successful real estate portfolio.   Sponsor: The House of AC is proudly sponsored by Jasmine Mortgage Team The House of AC Host, AC, Alan Corey: Check out Alan's book, House FIRE, to blow your mind on how the real estate investing FIRE method ('financial independence, retire early') can change your life.  -Twitter: https://twitter.com/thehouseofAC -Instagram: https://www.instagram.com/thehouseofac/   -Tiktok: https://www.tiktok.com/@thehouseofac -Linktree: https://linktr.ee/thehouseofac

In today's episode of Credit Union Conversation, host Mark Ritter talks with Small Business Lender, Tammy Baker, of Nu Direction Lending. Tammy and Mark start the show by reviewing the new cap rules for credit union business lending. They also talk about best practices in participation lending, small business loans, and Tammy gives an overview of lending with Nu Direction Lending.

Finance and Operations - Doug and Mark spoke about the lack of adequate funding is a common challenge that entrepreneurs face when starting their businesses. Securing the right financing is crucial to the success of your business and can be the deciding factor between success and failure. Learn more at https://markritter.com/ (https://markritter.com/) Doug's business specializes in partnering with companies and non-profits to create value and capture cost savings without layoffs to fund growth and strengthen financial results.  You can find out more athttp://www.terminalvalue.biz ( www.TerminalValue.biz) You can find the audio podcast feed athttp://www.terminalvaluepodcast.com ( www.TerminalValuePodcast.com) You can find the video podcast feed athttp://www.youtube.com/channel/UCV5a4QbT-dXhpgb-8HJHdGg ( www.youtube.com/channel/UCV5a4QbT-dXhpgb-8HJHdGg) Schedule time with Doug to talk about your business athttp://www.meetdoug.biz ( www.MeetDoug.Biz)

Mark Ritter and Lane Boldman the Executive Director of the Kentucky Conservation Committee talk about why solar would benefit Mason County. 

On this episode of Credit Union Conversations your host, Mark Ritter, dives into the topic of Small Business Loans. Join him as he breaks this topic down with Will McClain and Chuck Evans, two veterans of Small Business lending. Tune in as they discuss topics such as different methods of working with clients, helping people set goals for the businesses, SBA incentives, and more!

In this episode, we talk with Mark Ritter who is the CEO of MBFS and Nu Direction Lending about the issues surrounding the financing of a business. He is an expert in all things credit union and small business lending. Both organized are owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans, balances outstanding, and loan participations for federal credit unions. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending credit union service organization (CUSO). Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, grew the revenue by 15x, and ensured positive cash flow every full year he's been at the CUSO. More vimportantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.

In this episode, we talk with Mark Ritter who is the CEO of MBFS and Nu Direction Lending about the issues surrounding the financing of a business. He is an expert in all things credit union and small business lending. Both organized are owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities.In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans, balances outstanding, and loan participations for federal credit unions. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending credit union service organization (CUSO). Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, grew the revenue by 15x, and ensured positive cash flow every full year he's been at the CUSO. More vimportantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.

If you finance a multifamily syndication through Fannie Mae or Freddie Mac, you're securing non-recourse debt with a fixed interest rate. But if you want to exit anytime sooner than the loan expiration date, you're going to pay a BIG penalty on the back end. So, how might we leverage credit unions to avoid these big-ticket prepayment penalties? Are there other benefits to financing real estate deals through a credit union? What's the downside? Mark Ritter is CEO of Member Business Financial Services or MBFS, a business lending credit service organization owned by credit unions for credit unions and their members. An expert in credit unions and business lending, Mark is dedicated to helping commercial real estate investors secure the financing they need. On this episode of Financial Freedom with Real Estate Investing, Mark joins cohost Garrett Lynch and me to explore the pros and cons of financing multifamily through a credit union versus traditional loans. Mark describes the credit union philosophy of people helping people, discussing how real estate investors benefit from having a personal relationship with our lender. Listen in for Mark's advice on how to approach a credit union for a loan and learn about the flexible terms and low cost of capital available if you finance your next deal through an organization like MBFS! For full episode show notes visit: http://www.themichaelblank.com/session316/

I have a great business idea....This is a no brainer....Kristina Paulson has heard and seen it all when it comes to loan requests. In today's episode, Mark Ritter and Kristina will uncover the secret sauce on what actually goes on behind the scenes before a final decision is made on financing requests. Business owners and real estate investors will learn the tricks of the trade that will help them land the financing they need.

Act Locally: Using A Credit Union to Finance Your Investments. This week on The Executive Real Estate Investing Show, host Michael Holman talks with Mark Ritter. As head of MBFS, an aggregator of credit unions across the country, Mark Ritter helps bring potential real estate investors to lenders. Why credit unions? Mark thinks it's the personal touch that comes from local lenders. A credit union will often give face time to borrowers and let them know exactly what needs to happen for the loan to go through. It's this hands-on approach that gives credit unions their positive reputation over the big banks. Listen now as Mark lays out the benefits of credit unions, and how you can use a credit union to finance your real estate investments.

Im Gespräch mit Mark Ritter, Portfolio Manager bei Lupus Alpha Asset Management. Ritter erläutert in welcher Fondsgattung Volatilitätsfonds zuhause sind, geht der Frage nach, wie sich Vola-Fonds untereinander unterscheiden und schildert wie sich die Strategien in den letzten Jahren geschlagen haben.

Welcome to the kickoff for Credit Union Conversations. Mark Ritter, MBFS & Nu Direction Lending CEO, has been a regular speaker on the credit union circuit for the past decade. Mark now brings his insights to the public so you can listen on your terms. Learn more about Credit Union Conversations and our plan to bring our opinions on the latest industry news to everyone on a regular basis.

If you haven't considered a credit union as your next commercial lending partner, you're not considering all the options. Mark Ritter, CEO of Nu Direction Lending, specializes in bringing traditional business financing to the credit union market, keeping the focus and funds local. Jason chats with Mark about what makes the credit union relationship unique and how wholesale distributors can benefit by securing their lines of credit, real estate loans, or general financing with a community-based lender.    In addition to keeping money flowing locally, credit unions offer their clients direct access to lending decision-makers. That's a win-win for distributors as personal relationships buoy a company's bottom line. Not a member? No problem! Over the last ten years, credit unions have greatly expanded their membership criteria, welcoming more personal banking and small business clients into the fold. Whether it's a line of credit, a real estate loan, or something in between, the opportunities for distribution businesses are endless.  When searching for fast, fair, and reliable funding, maybe it's time you took your business to a credit union––an organization that knows your company as well as your community.  CONNECT WITH JASON LinkedIn CONNECT WITH MARK MarkRitter.com *** For full show notes and services visit: http://www.distributionteam.com Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth and achieve personal goals.    This episode was edited & mixed by The Creative Impostor Studios.  Special thanks to our sponsor for this episode: INxSQL Distribution Software, integrated distribution ERP software designed for the wholesale and distribution industry.

Welcome to the kickoff for Credit Union Conversations. Mark Ritter, MBFS & Nu Direction Lending CEO, has been a regular speaker on the credit union circuit for the past decade. Mark now brings his insights to the public so you can listen on your terms. Learn more about Credit Union Conversations and our plan to bring our opinions on the latest industry news to everyone on a regular basis.

Welcome to another episode of the Send More Offers Real Estate Show. Guys, we're back at it again with another exciting episode, and today we're bringing in Mark Ritter on board! Mark is an expert in credit unions and business lending specializing in transforming unprofitable branches into revenue-generating machines.   He will be discussing valuable points on how to leverage your business credit to do more deals. Also, tune in through the end because he will provide a direct line to find a local credit union that can work with you in your business. You don't want to miss this out! Key Takeaways: Using a credit union vs. using other lending sources What is a credit union? Growing your real estate investment portfolio for a credit union Qualifications to have access to a local credit union Why do real estate investors consider credit unions for their funding needs? Credit unions are tremendously scalable  What do you need to provide for you to be eligible for lending? Difference working with a community-based lender The downside of Business Credit Reports Make sure that you have proper insurance  “Be open to the conversation and do not just simply talk.”   RESOURCES: Mark's LinkedIn Mark's Website Member Business Financial Services Send More Offers Program

Our guest, Mark Ritter is the CEO of Member business financial services MBFS which is owned by 13 credit unions and designed to help credit unions fund more loans to real estate investors. Mark has been the CEO for nine years and grown the company to work with more than 75 credit unions. Mark joins us from Bucks County, PA where he lives with his wife and two teenagers.Main Points:What is a credit union and why are they different?Who can access a credit union?Why consider a credit union for your investment real estate loans?What are the biggest mistakes people make when shopping for a real estate investment loan?What is the process like getting a loan through a credit union?What types of financing are available?What is the market like these days for getting a real estate investment loan?Connect with Mark:www.mbfs.orgwww.nudirectionlending.com mritter@mbfs.orgmritter@nudirectionlending.com 484-832-2879 

Some credit unions are making lots of very profitable member business loans.  Most aren't.  In fact, by Mark Ritter's count, maybe 300 of the nation's credit unions are genuine players in this business. The rest are dabblers, he says.That's a shock because in the last couple years there has been a stampede of credit unions eager to get into member business lending. The reasons are obvious.  There has been an avalanche of deposits that need to be put to work.  Meantime, both the home mortgage and car loan markets are sputtering, definitely as far as credit unions go.The eyes in the credit union c-suite shift to local businesses and the question gets asked: how do we lend to them?Ritter, longtime CEO of Pennsylvania based CUSO Member Business Financial Services, which specializes in member business lending, knows the reality.About 80 credit unions are active with MBFS - 13 are owners - and they range in size from tiny to over $1 billion in assets.  Ritter pegs the MBFS sweet spot as institutions in the $300 million to $1 billion range but, he says, MBFS has no size limits, big or small.MBFS in many ways provides credit unions with turnkey service. That means they prospect for borrowers, negotiate the terms, service the loan, and do pretty much everything except provide the capital to lend.Want to know why member business lending initiatives sputter at many credit unions? Also want to know who not to hire to make those loans?Ritter has the answers in this wide ranging podcast that is a must listen for any credit union exec who wants to get into member business lending - or wants to do better at it.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.comAnd like this podcast on whatever service you use to stream it. That matters.Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto 

Michael and Kathryn talk with Mark Ritter, credit union and small business lending expert, about the secret sauce that makes credit unions so appealing for small business owners. Should you take out a loan from your local credit union instead of a bank? Find out by giving this episode a listen!

Matthew 22:36-40 We follow the story of the life of Clarence Saunders to illustrate a simple command--Love God and love your neighbor as yourself.

We hear from our Music Director for a special message

Mark Ritter, CEO of MBFS and Nu Direction Lending joins the podcast to share his insights on how credit unions can be a source of funding for real estate investors and small business owners. Mark discusses the advantages of using a credit union, commercial real estate lending through a credit union, and negotiating small business and commercial loans with your lender.

We're back in The Real Estate Experiment lab with another episode. This week, we have the pleasure of having Mark Ritter on board, CEO at MBFS & Nu Direction Lending. From his early days as a credit union loan officer in 2001, he has grown to become the CEO of a CUSO that serves more than 40 credit unions and provides $500 million in business loans. In his previous role as an executive, he created one of the most successful lending programs. His specialty is transforming unprofitable branches into revenue-generating machines with strategic change. Mark Ritter, steps into the lab and shows us how in addition to leveraging banks you can also leverage credit unions as an investor. Tune into this episode to learn how to leverage credit unions to acquire real estate. HIGHLIGHTS OF THE EPISODE 01:45 - Background of the guest 08:53 Approachable, Friendly Process 11:56 - The cycle of money 21:16 - Relationships in financial services 34:22 - Credit union service organization 44:42 - New direction lending 47:31 - Key takeaway KEEPING IT REAL 6:24 - How is a credit union different from a bank 17:51 - How the relationship matters with a credit union 36:34 - How does commercial lending work? 31:59 - What are the biggest mistakes people make? 39:07 - What is the biggest misconception around credit unions? 42:46 - How do I take that first step? NOTABLE QUOTES (KEY LESSONS): “What the credit unions actually do is work cooperatively. We work with about seventy-five credit unions now. So really, when you meet with your local credit union, that's nice and friendly on the corner and wants to help you, you're dealing with the power of hundreds of billions of dollars in assets to put that money to use for there. So you're getting that scale of working with a large lender, but in our community lending atmosphere.” “If you've always said I wanted to value that relationship, I want to be in that. I want to be an insider. The credit unions are a place to check out because not only are you not a customer, you're a member, and that's who the ownership of the institution is for. So we're not sitting in our ivory towers and everything that you've always said that you wanted in a financial institution. As far as that seat at the table, you can have that through a credit union.” CONNECTING WITH THE GUEST Website Other Website LinkedIn

Mark Ritter is CEO of MBFS, is a credit union owned company providing financing for real estate investors of all shapes and sizes. Mark explains what a credit union is and his personal story of how he got into the game.www.mbfs.org If you need help finding the perfect location or your ready to invest in commercial real estate, email us at podcast@leadersre.com. Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org.Connect on Facebook.Commercial Real Estate Secrets is ranked in the top 50 podcasts on real estate   

What are your options in financing your growing small business? Is taking on debt a bad idea? Or is it a smart option for getting the necessary cash to take your business to the next level? We talk financing with Mark Ritter on why credit unions are one of the best options as partners for growing businesses.  Mark is the CEO of MBFS and Nu Direction Lending. Find out more at https://nudirectionlending.com/.  Enjoy this episode? Support the podcast at Patreon.com/GoodAdvice.

In this episode of the Road to Growth podcast, we are pleased to introduce you to Mark Ritter. Mark is the CEO of MBFS and Nu Direction Lending. He is an expert in all things credit union and small business lending. Both organized are owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities.   In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans, balances outstanding, and loan participations for federal credit unions. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending credit union service organization (CUSO). Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, grew the revenue by 15x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.   Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time Penn State transitioned to the Big Ten and culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in Bucks County, PA outside of Doylestown with his wife and two teenagers.   Learn more and connect with Mark Ritter by visiting him   on Website: https://nudirectionlending.com/   Be sure to follow us on Twitter: Twitter.com/to_growth on Facebook: facebook.com/Road2Growth   Subscribe to our podcast across the web: https://www.theenriquezgroup.com/blog Spotify: https://spoti.fi/2Cdmacc iTunes: https://apple.co/2F4zAcn Castbox: http://bit.ly/2F4NfQq Google Play: http://bit.ly/2TxUYQ2 Youtube: https://www.youtube.com/channel/UCKnzMRkl-PurAb32mCLCMeA?view_as=subscriber  

 Grow your business by leaning how portfolio lending and SBA loans can help your clients win more deals. Join this amazing conversation with lending expert Mark Ritter as he explains some key advantages to working with a local credit union especially when serving investors and commercial clients. 

No Wasted Rain with Pauline Renaud and Mark Ritter on Thriving Entrepreneur hosted by Steve Kidd It is so true that when we let it everything (yes even the rain) is for our good when we learn to look at life that way and see that everything in life serves us and advances us to our next level Pauline Renaud share her new book with us “No Wasted Rain” she talks in the book and with us in this interview about how we can see the how even the most painful of things in our past serve a purpose and help us become even better people Then Mark Ritter talks about how he worked with credit unions to begin to give financing to small businesses and how that has now lead to owning a finance company that works directly with these same credit unions. Join with Steve as we look at how we can live each day knowing even in the worst of times there is no wasted rain today on Thriving Entrepreneur.

It is so true that when we let it everything (yes even the rain) is for our good when we learn to look at life that way and see that everything in life serves us and advances us to our next level Pauline Renaud share her new book with us “No Wasted Rain” she talks in the book and with us in this interview about how we can see the how even the most painful of things in our past serve a purpose and help us become even better people Then Mark Ritter talks about how he worked with credit unions to begin to give financing to small businesses and how that has now lead to owning a finance company that works directly with these same credit unions.   Join with Steve as we look at how we can live each day knowing even in the worst of times there is no wasted rain today on Thriving Entrepreneur.

Are you a new or existing small business owner in need of financing to grow or maintain your company? If so, our guest will be your guide. Mark Ritter is the CEO of Member Business Financial Services (MBFS) and Nu Direction Lending. He is an expert in all things credit union and small business lending. Both organizations are owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities. In this episode Mark helps us to understand that not all financial institutions are alike, and offer better, or worse, deals for small businesses based on a variety of factors. He urges us to consider them more like you would the restaurant industry. Some restaurants provide enhanced services, but with premium pricing. Others offer quick solutions that aren't all that healthy. He urges us to take time to plan out your financial moves and understand what you really need for the fiscal health of your company. Prior to becoming CEO in 2012, Mark led the business lending program for a large credit union in Pennsylvania. In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, grew the revenue by 15x. More importantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.   Listen in! Social media handles https://www.linkedin.com/in/markrittermbfs/ https://www.linkedin.com/company/11260287/ https://www.mbfs.org/index.php …………………………………………………. Thank you to our April Sponsor: Entrepreneur's Guide to Financial Well-Being or Wayne Titus Imagine starting a long journey without a map…or even a clear idea of the obstacles ahead. That's exactly what it's like for entrepreneurs who start companies with a lot of passion, but without the financial expertise to grow and scale their businesses and create long-term wealth for their families. Wayne Titus shows you how to find a financial adviser who can help you map a better journey. In his book, The Entrepreneur's Guide to Financial Well-Being.  With the right adviser at your side, you'll have the freedom to focus on what really matters to you. Get The Entrepreneur's Guide to Financial Well-Being at Amazon.com and in the virtual bookstore on the Shock Your Potential app.  

The Real Estate CPA podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax dvice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Always consult your own tax, legal, and accounting advisors before engaging in any transaction. -- Mark Ritter is the CEO of MBFS and Nu Direction Lending. Mark is an expert in all things credit union and small business lending, and the organizations he leads are designed to help credit unions fund more loans to real estate investors and small business owners in their communities. In today's episode, we discuss the benefits of having a relationship and working with credit unions compared to banks when financing real estate transactions.  We also discuss Mark's insights into the current lending environment for real estate investors including interest rate and market trends, as well as the current state of the PPP loan forgiveness program and the new PPP loan program in 2021. Learn more about Mark and his work on LinkedIn or at  https://mbfs.org/  Join our Facebook group, the one-stop shop for real estate investors to learn about tax strategy and stay up to date on changing tax laws: www.facebook.com/groups/taxsmartinvestors To download The Real Estate CPA's in-depth guide to qualifying as a real estate professional visit: www.therealestatecpa.com/guide-to-qua…professional For a free consultation from The Real Estate CPA visit www.therealestatecpa.com/become-client Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Like us on Facebook www.facebook.com/realestatecpa/

Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending . His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.

Are you the victor? Or are you the victim? Are you taking action? Or are you being acted upon. Are you assuming total ownership? Or is someone else to blame? Here's the secret sauce to life... Change your self, change your world. In her on-going journey to become the best version of herself, these books changed Sherry Freeman's life: Into the Sunshine, Mark Ritter (https://www.amazon.com/Into-Sunshine-Novel-Mark-Ritter/dp/0578556324/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1590090283&sr=8-5) Mindless Eating, Brian Wansink (https://www.amazon.com/Mindless-Eating-More-Than-Think/dp/0553384481/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1590090422&sr=8-1) The Coffee Bean, Jon Gordon (https://www.amazon.com/Coffee-Bean-Simple-Lesson-Positive-dp-1119430275/dp/1119430275/ref=mt_hardcover?_encoding=UTF8&me=&qid=1590090474) Connect with Sherry: sherry.freeman@greenbayymca.org (https://my.captivate.fm/dashboard/sherry.freeman@greenbayymca.org) LinkedIn (https://my.captivate.fm/dashboard/linkedin.com/in/sherry-freeman-41b8138) Connect with Kyle on LinkedIn (https://bit.ly/Kyle_LI) Follow What Not To Do on LinkedIn (https://bit.ly/WhatNotToDo_LinkedIn) Check out our website! (https://bit.ly/wntd_website) Email Kyle (mailto:Kyle@whatnottodo.io) --- Support this podcast: https://podcasters.spotify.com/pod/show/whatnottodo/support

Joe welcomes on Mark Ritter, the CEO of MBFS (Member Business Financial Services). They break down the differences between credit unions and banks, how people make mistakes in the lending process, the similarities between credit unions and restaurants, and why people don't always realize the benefits of credit unions. To connect with Mark... www.linkedin.com/in/mark-ritter-b195587/ MBFS.org   To connect with Joe... joeevangelisti.com facebook.com/jevangelisti Instagram: @theflipkingdotcom

Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with the credit unions on planning the delivery of services to their memberships. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans and balances outstanding for federal credit unions. In addition, Mark developed a participation program that grew to one of the top buyers and sellers of credit union business loans in the eastern United State. He has done extensive work with the branch retail staff, business lending operational and sales staff, and credit unions to educate and train them on the merits of business lending. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past six years at MBFS, Mark increased the number of credit unions the CUSO services by over 500%, grew the revenue by 800%, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. During this show we discuss: The biggest mistakes small businesses make when looking for financing SBA loan and the process involved How to qualify and easily secure SBA loans Choosing the best SBA loan for your business The pros and cons of SBA loans Where startups can get capital The two main types of SBA loans How to get no-money down real estate loans How SBA micro loans work When to get and not to get an SBA loan The type of loan that's MUCH better than SBA The differences between credit unions and banks Why you should consider a credit union for business loans Getting business loans with a low credit score And much more

Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. In 2002, Mark started Members 1st Federal Credit Union's business lending program as "one person and a desk" with no policies. products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans and balances outstanding for federal credit unions. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending cuso. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past six years at MBFS, Mark increased the number of credit unions the CUSO services by over 500%, grew the revenue by 800%, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania and a graduate of Penn State. Today Mark lives in Bucks County, PA with his wife and two teenagers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Ritter, CEO of MBFS Credit Union CUSO joins to discuss how he started his business within the credit union (defining what a “CUSO” is) and the status of business and commercial lending.Connect with Mark!484-832-2879mritter@mbfs.orgMBFS.orgIn the “Ron's Rundown” segment I'll discuss how Kevin Durant's injury this week speaks to the pressure of assessing risks in business, and the consequences of decisions. There are best practices here, so I'll share them! For more content visit themybpodcast.comPowered by The Binge Podcast Network www.onabinge.com