By John R. Brooks and Erwin G. Krasnow, Esq.
In the past, we’ve written articles for Radio + Television Business Report about how to find a lender, how to work with your lender in tough times and on how to love your lender. But what often goes unsaid are the many failed and contentious encounters between borrower and lender. If lenders and investors were to be candid, they will admit that as many as 90% of the deal pitches made to them are rejected. Here, we share examples of what not to do.