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285: The Hidden Contract Clause That Could Trap Your Business FOREVER!
Manage episode 496110956 series 3558822
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This is one of those episodes that you do not want to sleep on. I sat down with Craig Cohen, VP at Encore Funding—and let me tell you—this man pulled back the curtain on some SHADY tactics banks are using that are crushing small businesses trying to grow in the government contracting space. We talked about companies landing $20M contracts and still getting denied funding because of outdated banking models. And brace yourself—he even shares how a business was told it couldn’t leave even after paying the money back! You can’t make this up!
Craig also dropped heat on the 5 hidden fees banks sneak into your loan agreements, the real truth behind SBA loans, and how being "too liquid" can disqualify you from getting help. If you're a federal contractor or thinking about financing your next big opportunity, you need to know these red flags before you sign anything. Hit play and protect your pockets—this episode could literally save you hundreds of thousands of dollars.
Thanks to Encore Funding for sponsoring today’s video. Use my link to get a Free consultation on how to receive capital for payroll funding and unlimited growth. https://encoregov.com/gcg
Ready to Break into Government Contracting? Join our FREE GovCon Course to get started. https://freegovconcourse.com/ Your journey to success starts here—don’t wait until it’s too late!
Watch this episode on Youtube: https://youtu.be/yg2wo9immEk
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