Your Personal Guide to Business Banking Invites You Inside The Vault

A premier business banking consulting firm, McDermott Financial Solutions provides "best-in-class" services to:


McDermott Financial Solutions provides relationship-based, financial consulting services where our clients can receive independent guidance from a 35-year banking veteran. We develop a financial game plan that helps your company achieve its goals for growth and profitability.

Business Owners click here


In this environment of banking regulations and economic uncertainty, your clients need an experienced, independent banker to help navigate the tight credit market. We can help your clients spot trends in their finances and identify solutions that allow them to reach maximum profitability.

CPAs click here

Why Your Balance Sheet is more Important than your P&L

Many business owners look at their profit and loss statement and determine if they're profitable or not.  How is revenue tracking against last month or last year?  Any changes in gross or net profit margin?  If I'm making money then everything...Read more

Why You should Consider hiring a Part Time CFO

Two things have become increasingly apparent to me.  If you're a big company, you have good access to capital and can find the funding needed to finance your business.  Small companies don't have that access to capital and finding funding is...Read more

3 Things to Know Before you Buy a business

The baby boomer generation is retiring and those who are business owners are selling their businesses.  So, where do you start?  How much do you pay for the business?  What's it worth? How do I get if financed?  Depending on your...Read more

Bill has developed relationships with multiple banks to help businesses needing financing that have a compelling story and merit to their deal, but may be a bit challenging to get approved for one reason or another. He has a good feel for what “fits” at various institutions. In addition to Bill’s knowledge and experience, he also brings a genuine care and concern for the clients he works with, serving as a true trusted advisor."