Bill McDermott

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Bill McDermott, Speaker and Lecturer

 

McDermott Financial Solutions Founder to appear at Georgia Bar Association breakfast on January 19

ATLANTA -- Cash is king in today’s business environment.  Improving cash flow is the #1 issue business owners deal with according to a recent survey. In an appearance on January 19 McDermott Financial Solutions CEO Bill McDermott will be offerring insights to Georgia Bar Association breakfast attendees on how to improve cash flow by leveraging a bank's treasury management services.

In Surviving the Drought: The Business Owner’s Guide to Improving Cash Flow by Using a Bank’s Treasury Management Services and Technology, McDermott will offer perspectives on utilizing treasury management products.  Topics such as remote deposit capture to improve cash flow, alternative methods for financing growth and utilizing sweep accounts to improve investment income will be presented.

"Business owners operate in a world of constant change but have to manage their cash flow requirements successfully every day.  There's not just enough time to get it all done," McDermott said in a preview of his speech. "Utilizing technology and treasury management services offerred by a local bank is critical for maximizing the amount of cash available to run your business."

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Atlanta, GA December 1, 2011

McDermott Financial Solutions Founder to Present at North Atlanta GSCPA chapter meeting in December

Business Banking Thought Leader offers CPAs Important Perspectives for Advising Clients on Business Banking Issues.

Founder, Bill McDermott will be offering attendees at the upcoming North Atlanta Georgia Society of CPAs December chapter meeting keen insight in to the challenges of navigating the banking industry in this current economy. 

 In “Bankspeak” McDermott will give perspectives on

  • How to speak your banker’s language
  • Having a hard time finding financing?  Your problem or the banks?
  • Covenant defaults and forbearance agreements-what to do

 

"With the changes in the banking landscape, clients are dealing with anything from their bank was just closed by the FDIC and their loan is now held by a bank they never heard of before.  They may find themselves transferred to the Special Assets division of a bank and have no idea what that is and why they’re there.  They may find themselves being asked to sign a forbearance agreement because their bank asked them to sign and they have no idea what it is or why they’re being asked to sign it." McDermott says.

About McDermott Financial Solutions

 McDermott Financial Solutions (MFS) is your personal guide to business banking that gets you inside the vault.  A premier business banking consulting firm, MFS provides best in class services for privately owned businesses throughout the Southeast.  For more information, visit their web site at www.bankingsolved.com

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McDermott Financial Solutions Founder to speak at the Atlanta Convene Group November 15, 2011

Business Banking Thought Leader offers Convene members Perspectives on Business Banking Issues

Founder, Bill McDermott will be offerring attendees keen insight in to the challenges of navigating the banking industry in this current economy. An understanding of the banking industry is critical today for business owners to find financing to improve their cash flow.

"With the changes in the banking landscape, clients are dealing with anything from their bank was just closed by the FDIC and their loan is now held by a bank they never heard of before.  They may find themselves transferred to the Special Assets division of a bank and have no idea what that is and why they’re there.  They may find themselves being asked to sign a forbearance agreement because their bank asked them to sign and they have no idea what it is or why they’re being asked to sign it." McDermott says.

About Convene

Convene is a CEO roundtable group of business owners whose priority is to lead their professional and personal lives based on Christian principles.   For the Christian CEO/Business Owner, these priorities include: running a successful business; leading a healthy family; and having a significant Kingdom impact.  Visit their website at Convene.

About McDermott Financial Solutions

McDermott Financial Solutions' comprehensive knowledge of the inner workngs and unknown regulatory requirements of bank, along with their expertise in all areas of business banking, position them to meet the needs of their clients in a way that no one else can.  Visit them at banking solved.

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McDermott Financial Solutions CEO to speak at the DeKalb Chapter of the Georgia Society of CPAs on September 27 at Petite Auberge

ATLANTA -- Cash is king in today’s business environment.  Improving cash flow is the #1 issue business owners deal with according to a recent survey. In an appearance on Sept. 27, McDermott Financial Solutions CEO Bill McDermott will be offerring insights to attendees in two areas: 

1) In Surviving the Drought: The Business Owner’s Guide to Improving Cash Flow by Using a Bank’s Treasury Management Services and Technology, McDermott will offer perspectives on utilizing treasury management products.  Topics such as remote deposit capture to improve cash flow, alternative methods for financing growth and utilizing sweep accounts to improve investment income will be presented.

2) In An Update on the Banking Industry: When is the Dust Going to Settle? McDermott will offer insight on the Past, Present and Future of the banking industry. Topics include understanding the financial health of your bank, web savvy tools to assist your clients in getting what they want out of their banker.

The DeKalb GSCPA chapter meeting is the evening of September 27 at the Petite Auberge in Toco Hills.  McDermott, a former banker, leads a firm that develops innovative banking solutions for private businesses.

Bill is a frequent speaker at GSCPA chapter meetings, professional associations, CEO Roundtables and AICPA events.

Recent Speaking Topics

2011-Surviving the Drought, Using Your Bank's Technology and Treasury Management to Improve Your Cash Flow

2011-An Update on the Banking Industry, When is the Dust Going to Settle?

2011-The Business Owners Playbook to Loan Packages and Bank Presentations

2010-Forbearance Agreements and Covenant Defaults, What the Business Owner Needs to Know

2010-Have You Been Double Crossed? What Cross Collateralized and Cross Defaulted Means to You

2010-How to Navigate the Banking Industry in Troubled Waters

I hired Bill to assist with my SBA loan application for the purchase of an existing business. Bill assembled my presentation package, kept close contact with me and my lender and was always available when I needed help. He reviewed my approval letter with me and came to the closing. He was a great resource to me during this stressful, but exciting time."