Board Member
For certain companies where we have strong relationships, we serve as a member of their board of directors. This allows us to give them advice and assist in the strategic course setting. With our expertise in financial advisory, capital raising and entrepreneurship, we are able to provide holistic input to facilitate corporate growth. We have served as Board members on a number of technology companies, distribution companies, and healthcare companies over the past 25 years.
Get a Free Consultation
Through our board involvement we have been involved in the following roles
- Strategic Planning – Advising on go forward business development strategies.
- Capital Planning – Advising on capital raising options.
- Leadership – Recommending additions to the senior management team.
- Operations – Recommending changes to operations flow and IT systems.
Our value-add is in nurturing small companies so they develop more fulsome management teams and professional ways of managing their business.
Most founder-owned companies do not have formal board processes and make decisions in informal ways. The board member process should flow naturally and not cause tremendous amounts of additional work. The goal of the board member should be to bring objectivity and guidance to the company at major decision points. These include decisions such as senior level talent, acquisitions, strategy and technology deployment. Founder owned companies too often discount the importance of board members due to their detriment. We work collaboratively on our boards to provide actionable feedback that the management team can use. We bring a unique lender perspective to our clients’ board deliberations which helps them anticipate and manage lender feedback.
Frequently Asked Question
1. Is the lender also a board member for the company?
Most lenders are not board members but are board observers. In some cases, the lender may become a board member, but they usually prefer not to.
2. Who are common board members for founder-owned companies?
Minority shareholders and key senior managers are usually board members. Friends of the majority owner also serve on the board.
3. Does the board decision override lender’s rights?
No, the Board member’s decision must be aligned with the lender’s consent rights.
What We Offer
- Corporate Finance Expertise
- Vast Practical Experience
- Legendary Customer Service
Latest M&A Industry Updates!
- Current trends in Lower Middle M&A Market and Middle-market Mezzanine!
Get a Free Consultation!
- Mezzanine Funding Solutions
- Advisory Services
- End-to-end Acquisition Services
CONSIDER MAKING ATTRACT CAPITAL A BOARD MEMBER TODAY…
Let our experience & expertise play a more active role in shaping your company’s growth strategy.
From Our Blogs
Acquisition financing is the locomotive of M&A deals – without it, all trains on the M&A track grind to a halt. Most companies have insufficient […]
Acquisition Financing provided by a cash flow lender fuels M&A activity especially for founder-owned companies. These deals are distinct from private equity-led buyouts where ownership […]
Banks used to be a big force in the acquisition financing market. Many used to provide loans directly to their best customers. Nowadays, most banks […]