Funding The Future Today

We at American Prudential have credit lines of up to 6 million available for companies working on the Gulf Clean Up.  Right Now!

Already we are working with several companies supplying workers to the area to do the job of cleaning up the oil.  For these companies this means a real strain on their cash flow.

In some cases the clients have seen their accounts receivable balloon up by 2 to 4 million dollars overnight.  Now, that is a cash flow problem.  It will take 45 to 90 days for them to be paid and they have payroll to make every week.

They are thankful for the work but would not be able to take it if it were not for the funds we have available for them.  The good news is that we have plenty more available and the best news is that we are not ratcheting up the price because of the demand.

These are times when it pays to know who you are doing business with.  Our rates are a flat discount off the face value of the invoice and we never charge “hidden” fees.  There are no fees for applying for our services and no fees for discontinuing our services.

Our clients always get a fair price and excellent service.  So, if you have an opportunity to do some good for us here in the Gulf but you are wondering how you will fund your operation, give us a call.  We care about out Gulf states and the companies who serve here.

We will take care of you and treat you right.  You have our word on that.

Brenda Standlee

Banks turn to American Prudential Capital and Hal Means to assist their commercial customers with alternative funding.

(May 12, 2010 ) Houston, TX – H. F. Hal Means is a 37-year veteran of Texas banking, having served as president & CEO of banks in Wharton, Houston, & Tyler, TX. Following retirement from banking in 1996, he helped individuals & small businesses solve their financial concerns as a Houston financial planner with AXA Advisors, LLC, a Paris, France-based worldwide financial services firm for 11 years, retiring in 2007. In January, 2008, Means joined & now serves as an independent representative of American Prudential Capital, Inc., a 20 year-old family-owned commercial factoring firm headquartered in Houston. His focus here is on working with startups & referrals from banks.

His extensive experience includes upper general management, finance, marketing, staff leadership & on boards of directors. He was the founding president of the Houston bank & organizing manager of several key bank departments, including the acquisition of accounts from over 100 East Texas banks.

He is a Life Member of both the Texas Association of Business and the Greater Houston Partnership. Means co-created a national award-winning bank television advertisement & served as president of the Henderson County, TX United Way campaign, on the founding board of directors of the Regional East Texas Food Bank, East Texas Area Boy Scouts of America, several other bank boards & on the National Board of the Bank Marketing Association.

Prior to his career in banking, Mr. Means served as a Captain in the U.S. Army Artillery. He and his wife of 44 years have two children and two grandchildren.

For Release:
May 10, 2010
0500hrs CDT

For more information contact:
Eric Standlee, 281-377-6296, eric@americanprudentialcap

In an address delivered Friday March 19, 2010, by Sheila C. Bair, the Chairman of the FDIC, Ms. Bair said, “Small businesses create two thirds or more of all net new jobs.  And they overwhelmingly rely on credit provided by community banks.”

She went on to explain that while “overall bank lending is down” by the largest decline since 1942, “the smallest banks…actually increased their loans by more than half of one percent.”

We agree with Ms. Bair on this; community banks are essential to our economy and they ARE doing their share and more to provide credit to our small business community.

“The worst excesses”, according to Ms. Bair, “that led to the credit crisis were not generated by community banks.”  Most of  the subprime and nontraditional mortgages were not in the community banks.

Ms. Bair is correct that “While so many big banks keep pulling back, (Community Banks) are hanging in there doing (their) best to support the credit needs of our struggling economy.  That deserves recognition in Washington, and all our thanks.”

So, I suggest you thank a community banker today in a way he/she will really understand, do your banking with them!  Vote with your feet.  What you deposit with them they loan out to businesses in your community which creates local jobs for your friends and relatives.

If you don’t know a good community banker, give me a call at 713-690-8877 x 211 and I will hook you up with a community banker in your area.  I will call the banker personally and introduce your company.

President of American Prudential Capital, Brenda Standlee spoke at the Bank CEO Network recently.

The Bank CEO Network has been helping Community Bank CEOs improve their banks’ performance for 17 years. The information and ideas gained from industry experts and other CEOs can be especially useful in difficult times. If you are a community bank CEO, we invite you to contact us to see whether The Bank CEO Network might be a good option for you.

Bankers speak candidly about the Services of The Bank Advisory Group

“We have used The Bank Advisory Group for over ten years to analyze bank purchases, review overall bank performance and do ESOP valuations. Our board and senior management have always respected their professionalism, financial review and candid remarks. As a result, we believe we are getting a thorough analysis, whether it be for a merger or a financial review of our bank.”

Robert A. Hulsey, President and CEO

American National Bank of Texas, Terrell, Texas

($1.5 billion total assets)

Watch Me explain these ideas:

This video was shared globally to Keith Ferrazzi’s list and blog:

My article recently published in Houston Performance Magazine (use promo code inhouston):

Eric Standlee

Warren Buffet is quoted as saying, “Be Fearful When Others Are Greedy. Be Greedy When Others Are Fearful.” Dave Ramsey said during his Town Hall event on April 22, 2009, “We don’t have to participate in the recession.”

Instead, this can be a really great time to start a business, which is antithetical to what people presume. The down market can provide lower costs of real estate in terms of leasing space and lower labor costs because people are willing to work for less or for deferred payments with the option of equity.

Larger groups of people are open to taking that chance of being an entrepreneur, because being laid off is that kick in the pants they needed to take their idea to the next level. It is our belief that these people will be the ones to help lead the country out of this recession.

However, funding a new business can be a challenge. Asking for loans from your family can be a dangerous undertaking. After all, you want to be able to go home at Thanksgiving, no matter what happens!

Things to consider include whether you have enough operating capital so that if you have clients that don’t pay their invoices for 30, 60, or 90 days, you can still operate your business.

Or you can work with American Prudential Capital who can fund your accounts receivables immediately and collect your invoices while you focus on growing your business and creating success.

Small businesses created more than 60 percent of all new jobs in the past decade; today, about half of all private-sector jobs in the United States are at small companies like Moore’s. They generate more medical and technological patents per employee than big corporations, and history shows that they’re the first to begin hiring at the end of a recession. In short, small business has long fueled our country’s growth and expansion. But that’s the insidious trap of the current credit crunch — it’s threatening to squelch American innovation, which could hold the key to our recovery.

via Room to Grow: Economic Trouble for Small Businesses | Your Money Guide | Reader’s Digest.

Our firm specializes in funding these companies.  We can help.

Eric Standlee

In a recent Reader’s Digest Article “Room to Grow: Economic Trouble for Small Businesses“:

“With banks in lockdown mode, small businesses with big potential are being stifled. Why Main Street innovators matter to us all.”
“If you want to understand what’s wrong with the economy, consider Deborah Moore. After working as a nurse-practitioner for 15 years, Moore launched a medical transcription company from her home seven years ago, mostly to be closer to her two kids. The company, called AccuStat EMR, has grown dramatically: Moore still handles transcription services, but she also helps hospitals transfer their records from paper files to electronic documents. Since the federal government wants most hospital records to be stored electronically by 2014, it’s a booming business. Moore has big clients, like the University of North Carolina Student Health Center, Beth Israel Hospital in Boston, and the Missouri Department of Corrections, and her revenue in 2008 was $35 million. Her only problem? She can’t get a loan.”

American Prudential Capital has 20 years of history on the side of businesses like this. We help these businesses grow despite their inability to get business loans.

Eric Standlee