Business Advisory Group to Host “SHOW ME THE MONEY – Getting Through the Loan Process” Seminar April 7, 2016

March 2, 2016

The Business Advisory Group is pleased to host “SHOW ME THE MONEY – Getting Through the Loan Process” seminar on Thursday, April 7, 2016 from 8:00-10:00 am. The seminar will be held at the offices of Hamburg, Rubin, Mullin, Maxwell & Lupin (375 Morris Road, Lansdale, PA). Continental breakfast will be available. To RSVP please contact Joan Wean at JWean@HRMML.com or by calling 215.661.0400.

Whether you are buying a new business, a piece of real estate or equipment or developing land, you will likely require outside financing. Identifying a lender, negotiating the loan and document terms and preparing for closing a loan may be something you do routinely, but more likely it is a once in a while thing. We will outline issues for consideration throughout the process and will show you how to successfully reach the end goal of getting the money.

The seminar will be presented by Merle R. Ochrach, Esq. Merle has been practicing real estate, banking, and municipal law for over twenty years. Merle has represented numerous municipalities, municipal authorities (water and sewer and industrial development authorities), lending institutions, developers and homeowners. Merle represents a number of industrial development authorities with regard to tax exempt financing.

Questions Every Business Must Ask

Q. Has your business recently reviewed its legal structure to determine whether it is set up in the most advantageous manner for legal and tax purposes, considering recent developments and changes in the law?

Q. Do the owners of your business have a current, updated buy-sell agreement which controls how ownership interests in the business are to be transferred in the event of an owner’s death, disability or termination of employment?

Q. Have the owners of your business developed a succession plan to define how ownership and authority will transition upon the death or retirement of the present owners?

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