R.K. Schaaf Offers Free Online Financial Tools
R.K. Schaaf Associates, a financial services firm with over 3 decades’ worth of experience in ESOP administration and other services, offers a number of free financial tools on its website for the benefit of current and prospective clients.
One of the tools is a handy loan calculator which allows a visitor to quickly calculate participant loan amortization. A participant loan is subject to a number of requirements that, if broken, can lead to serious tax consequences, such as potentially significant excise taxes. In some cases, the entire benefits plan could be disqualified as a result of an improper participant loan. The calculator allows you to determine whether your loans meet IRS requirements.
R.K. Schaaf is represented on ESOP Marketplace by a number of its expert ESOP advisors.
First Bankers Helps Small Business Owners – Testimonials
First Bankers Trust Company is a bank holding company whose primary mission is to help local community businesses and organizations meet financing needs. First Bankers is represented on ESOP Marketplace via a number of its ESOP advisors who offer employee-owned companies expert guidance when it comes to succession planning, governance and more.
The First Bankers website features a number of testimonials from small business owners who have benefited from an ongoing business relationship with the company. One of these tells the story of a burgeoning pet grooming business in Rushville, Illinois. The owner has had a relationship with First Bankers since 2009, when she took out a home mortgage; when it came time to open a business, First Bankers was there for her with a business loan and expert advice that helped her through the first difficult stages of setting up a business.
Read the rest of the story on the First Bankers website, and check out ESOP Marketplace listings to see how First Bankers ESOP advisors can help your business as well!
Katten Partner Discusses Evaluation of Takeover Bids
Katten Muchin Rosenman LLP, a full-service law firm represented on ESOP Marketplace through a number of its partners who specialize in matters of ESOP law, has demonstrated an effective wide spectrum approach in providing high-value legal advice for numerous industries.
Recently, Katten partner and co-chair of the Mergers and Acquisitions practice Jeffrey Patt gave an interview to Law360 where he discussed the challenges of evaluating competing takeover bids when they involve components that cannot be easily compared, such as a cash and stock mix. He offered advice to boards that are facing such difficult choices, recommending a patient approach and in-depth comparative studies.
The original interview is hosted on the Law360 website and requires a subscription to access.