BMP Management Group, LLC
05/08/2024
To my Home Healthcare provider clients & friends, please come out and support an event for you. A local agency has put some people in the room that value and have an interest in the success of our local Home Healthcare agencies. Please come out and have your voices heard and network with other owners. Directions for attendance is on the flyer, but if you are not going to follow directions, just dm your name, agency name and email, and I will get you on the list.
05/02/2024
One of the things I love about where I am from is that its really so much talent and success right around you...you just gotta be willing to have a conversation and respect what each other bring to the table. and bout to write a story for the books!!!!
03/14/2024
Episode 2 Capital.Conversations
Business Acquistion Strategy
Deal 1: One of the best things about commercial financing compared to, let's say, getting a residential mortgage is how credit is pulled. With residential mortgages, they pull a tri-merge where they look at credit from all three bureas so they see your entire personal credit history. With commercial lending products, the banks pick just one bureau to pull. This is a major key alert. Another major factor in true business finance advising is knowing that most banks have an usecured lending threshold. Meaning a capped dollar amount they will go to without asking for collateral. Watch this:
Bank A pulls Experian & gives 50k unsecured
Bank B pulls Equifax & gives 25k unsecured
Bank C pulls Transunion gives 100k unsecured
This is now $175k of unsecured capital to a small business owner.
But wait..each bank throws in a 15k-75k 0% or rewards business card. So now another 45k-125k on top of the 175k.
We used this strategy for this client to acquire a 30k biz with a credit card then gor him enough capital to be in position for 900k acquisition of 4 existing franchises!
The financing of the franchise only required a 10% down payment (we clearly exceeded that expectation). We got him enough working cap to cover down payment so you could say 100% financing.
We provide credit & capital that is contagious to other credit & capital!
Next level credit strategies
Class is in session
Art of the deal
Your banker not telling you this!!!! On God!!!
02/23/2024
One of the biggest blessings a man can have is a super solid sister... is that...and today is her day!!!
Happy Birthday Christina...love you to life and I am so proud of you how you have grown into the beautiful woman you are. Cant wait to get back to turn-up with you!
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Philadelphia, PA