John Klassen
  • Newburgh, NY
  • United States
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John Klassen posted a status
"As Memorial Day weekend has arrived, please take a moment to think about the many men and women who have fallen serving our country."
Friday
John Klassen and Scott Perry are now friends
Friday
John Klassen posted a blog post

Your Weekend Reading Assignment has Arrived

Great article from the Business Insider's War Room. 22 top execuitives share the best advice they received on the way up. http://www.linkedin.com/today/?trk=EML_mebc_shar_found_onSee More
Mar 16
John Klassen posted blog posts
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John Klassen posted blog posts
Mar 12
John Klassen posted a blog post

Evaluating Equipment When Purchasing a Business

 Replacing fixed assets is one of the most expense things a business will ever have to do. Fixed assets are manufacturing equipment, trucks, buildings, furniture, fixtures and leasehold improvements. If you are buying a business that is equipment intensive, how do you evaluate the value and remaining useful life of the equipment? Evaluating Equipment: Equipment is used, gets older and needs to be replaced. How do we determine the remaining useful life of the equipment? Look and the equipment…See More
Feb 24
John Klassen posted a blog post

Understanding Working Investment

At the end of the last post we discussed the definition of working investment. Working Investment is the gap between the level of trading assets and spontaneous financing. Whenever the growth in accounts receivable and inventory outpaces growth in accounts payable and accrued expenses there is a commercial borrowing need and a potentially happy banker. Understanding your businesses working investment is critical to your ability to request financing. Remember working investment is the gap in…See More
Feb 23
John Klassen posted blog posts
Feb 21

Profile Information

Your business type:
Banking and Financial
Types of products or services offered:
Business loans and lines of credit. Merchant, cash management and Web Banking services.
About Me:
I am a Business Banker with M&T Bank in Orange County. I have 15 years to commercial and residential lending experience.
Company name
M & T Bank
Website:
http://www.isladelsolrental.com

John Klassen's Blog

Your Weekend Reading Assignment has Arrived

Posted on March 16, 2012 at 7:15am 0 Comments

Great article from the Business Insider's War Room. 22 top execuitives share the best advice they received on the way up.

 

http://www.linkedin.com/today/?trk=EML_mebc_shar_found_on

Council of Industry 102 Years of Advocacy and Support to Hudson Valley Manufacturers

Posted on March 14, 2012 at 3:30pm 0 Comments

The Council of Industry has been the manufacturer’s association for the Hudson Valley since 1910. It is a privately funded not-for-profit organization, whose mission is to promote the success of member firms and their employees, and through them contribute to the success of the Hudson Valley Community. To fulfill this mission, the Council provides:

Training Programs

The Council of Industry has…

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What does your Personal Financial Statement say about you?

Posted on March 13, 2012 at 6:30pm 0 Comments

If you are a small business applying for credit from a bank or other lender, your personal financial statement will be a critical component of your application.

 

So what does your personal financial statement say about you?

 

How thorough you are with your information. Too often these forms are handed into the lender with limited information or just a signature. The signature allows the lender to run your credit but does little…

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Your Personal Financial Statement

Posted on March 12, 2012 at 6:30am 0 Comments

Your personal financial statement (PFS) is critical to you being able to successfully obtain a loan. Your PFS is where your commercial lender first looks to decide if they will lend you money. Since it is important lets take a look at the statement so you can understand how to put yours together. Each lender has its own version of the form. Get familiar with your lenders form so you can complete it properly. Additionally, your signature on this form will allow the bank to obtain your credit…

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Who is the Business Owners Team?

Posted on March 11, 2012 at 2:53pm 0 Comments

What is the difference between small business owners and major corporations? Beyond their size, name and immediate resources, both businesses have a lot in common. This is especially true when it comes to financial planning, borrowing, retirement planning and employee benefits.

 

Small business owners face all of these challenges. You are your own board of directors, HR department, Payroll and Accounting. You just wear all these hats by yourself. While this can seem daunting,…

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At 11:40am on June 27, 2009, Jeanne-Marie Lowell said…
Nice home page, John!
 
 
 

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