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Business matchmaker links banks and small firms
CHICAGO UPI Jack D. Smith matches “bad risk” businessmen with bank loans often turned down. He focuses on small businessmen needing 25 000 to 100 000 dollars and says about 70 percent obtain financing after his process of gathering facts, presenting to a loan committee, and coordinating a package. Smith, 46, formerly a banker, operates Credit Pak Capital Resources Co. and argues red tape and weak presentation block loan approvals.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Jack D. Smith
Smith
Rockford
111
Fener
Credit Pak Capital Resources Co
Ridge Farm
Danville
Ridge Farm Tate Bank
First National Bank of
Woodstock