You’ve just received your borrower’s quarterly financial statements. They are very good, but that’s not what grabs your attention. The cover letter shows the company has rebranded, with a punchy new logo and a name change to something more eco-friendly, sustainability-focused. You call up the LLC’s principal, and he is excited about the success of their new marketing campaign, which is already paying off in new business. All good, right?
It is great your customer’s business is doing well.
Continue Reading What to Do When Your Borrower Changes Its Name