Author: Dave Westburg

Billboard Lending

An out of home banker looks at 2024

Wishing everyone the happiest holidays and best New Year from Billboard Loans.  It has been almost 6 months since retiring from my 40+ year banking career, and I have to say working with billboard people is more fun.  I’ve become a billboard nerd like my partner, Dave Westburg.  I read about […]

Billboard Lending

The Bank Loan Market is tightening.

By Ken Altena, Billboard Loans LLC. I track the Federal Reserve Senior Loan Officer Survey on Bank Lending Practices to determine if credit is tight or loose.  Banks have been tightening their lending standards for small firms (revenue less than $50 million) for four consecutive quarters due to recession fears.  […]

Miscellaneous

Billboard Loans Fund Three targets out of home loans and investments of $1 million and less.

Billboard Loans Management, LLC has launched Billboard Loans Fund Three, LLC, an income-oriented loan and investment fund which commenced operation on June 1, 2022.  The fund was formed with capital from accredited investors, supplemented by a line of credit from Washington Trust Bank.  The fund seeks senior secured out of […]