Comments on: The Future of Banking: A No Collateral Call http://www.danratner.com/2010/01/10/the-future-of-banking-a-no-collateral-call/ The Show So Far Wed, 19 May 2010 00:55:32 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Nelson Shirilla http://www.danratner.com/2010/01/10/the-future-of-banking-a-no-collateral-call/comment-page-1/#comment-8 Nelson Shirilla Mon, 25 Jan 2010 04:41:22 +0000 http://www.danratner.com/?p=13#comment-8 Hi and thank you for a informative site. I thank you what you posted. Hi and thank you for a informative site. I thank you what you posted.

]]> By: Dan Ratner - Weston CT http://www.danratner.com/2010/01/10/the-future-of-banking-a-no-collateral-call/comment-page-1/#comment-6 Dan Ratner - Weston CT Mon, 11 Jan 2010 02:52:13 +0000 http://www.danratner.com/?p=13#comment-6 If you have a positive DCR and venture-backed, Try Silcon Valley Bank, very creative for a/r financing, also Abrams & Co in NYC. All the Best! Your Brother If you have a positive DCR and venture-backed, Try Silcon Valley Bank, very creative for a/r financing, also Abrams & Co in NYC.

All the Best!
Your Brother

]]> By: Brad Schuller http://www.danratner.com/2010/01/10/the-future-of-banking-a-no-collateral-call/comment-page-1/#comment-5 Brad Schuller Sun, 10 Jan 2010 06:01:58 +0000 http://www.danratner.com/?p=13#comment-5 Hey Dan, This is Brad Schuller, the tenor from Opera MODA. I hope you do not mind me commenting... I was at LinkedIn connecting with a colleague, when I saw your post. I wanted to say awesome post! Very interseting points you bring up. Currently I am getting an MBA in finance and what you are saying can be very revolutionary indeed! Micro-finance is the way of the past - think of small town banks where the bankers actually KNEW the loan recipients and had a stake to build the community. "It takes a village" sort of thing. My grandpa in fact was the bank president of a town bank for a little town in MN - 2000 people. His "analysis" was important, but it was also important to the neighbors to earn their trust as they paid the loan. However, these banks are becoming a thing of the past with mergers and acquisitions. Now that so many financial institutions are going away from the old model, their policies are less friendly. For banks, a loan is an asset, so they would need to protect this, as the interest received is their income. Collateral also means Treasury bonds that financial institutions give to secure funds, so that if they default, the bank keeps the Treasury bonds. Hey Dan,

This is Brad Schuller, the tenor from Opera MODA.

I hope you do not mind me commenting…

I was at LinkedIn connecting with a colleague, when I saw your post. I wanted to say awesome post! Very interseting points you bring up.

Currently I am getting an MBA in finance and what you are saying can be very revolutionary indeed! Micro-finance is the way of the past – think of small town banks where the bankers actually KNEW the loan recipients and had a stake to build the community. “It takes a village” sort of thing. My grandpa in fact was the bank president of a town bank for a little town in MN – 2000 people. His “analysis” was important, but it was also important to the neighbors to earn their trust as they paid the loan.

However, these banks are becoming a thing of the past with mergers and acquisitions. Now that so many financial institutions are going away from the old model, their policies are less friendly. For banks, a loan is an asset, so they would need to protect this, as the interest received is their income.

Collateral also means Treasury bonds that financial institutions give to secure funds, so that if they default, the bank keeps the Treasury bonds.

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