B. A. Enterprises an Unlikely Yet Successful Matchmaker; Company Links Businesses With Investors & Lenders.Business Editors LAPLACE, La.--(BUSINESS WIRE)--Jan. 22, 2001 Tucked away in his modest home office, Alfred Adams is busy coordinating multi-million dollar financial packages for clients as far as 40 miles away in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded and as far away as London, England. But Adams is no financier himself. No, instead he is the man with the foresight to help clients fine-tune their business plans and the business connections to link these would-be entrepreneurs with investors and lenders all over the world. But don't call Adams a broker, he prefers to be called a financial agent. For the past three years Adams, 30, and his partner, Pat Babin, 51, have successfully matched up businesses with perspective investors and lenders in just about any industry one can think of. Though he won't name specific projects because of proprietorship and competition, he does provide impressive descriptions of his success stories. A $485 million telecommunication deal in France, a $31 million film production house in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , a $130 million fertilizer plant in Pakistan, and a $40 million Internet-based business in Mississippi. It's hard to place tangibility to what B. A. Enterprises actually does. It is not a lender or investor, nor is it a business consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . But ask any of its satisfied customers, and they will tell you that the services B. A. Enterprises offers has meant the difference in their existence. Rob Bell, president of a production house in Nevada, can tell you about how Adams helped find financial backing for the land, building, and equipment for his studio. Now the two are working on a movie deal. "Alfred is different from any others in his field," comments Bell. "Brokers will give you a lot of hype and a lot of transitions fees. But Alfred is a straight shooter straight shooter n. Informal One who is honest and forthright. straight -shoot . He charges a reasonable retainer fee and will only take on the project if he thinks it will fly," he adds. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Adams, it's the only way he can be successful. "I'm not afraid to approach major investors and lenders for a project with merit," says Adams. "But I'm also not afraid to turn away a project that is poorly organized, lacks an audience, or is simply a bad deal." It's because of this attitude that Adams and B. A. Enterprises is earning an impressive level of respect from investors and lenders. With the global economy shirking Shirking The tendency to do less work when the return is smaller. Owners may have more incentive to shirk if they issue equity as opposed to debt, because they retain less ownership interest in the company and therefore may receive a smaller return. , the availability of numerous and unique investment pools have become easier to tap - if you know where to look, says Adams. Adams is currently working with a company in Mississippi to locate finances for an Internet-based operation. Though the deal has not been finalized, Frank Schatzle is confident in Adams' endeavors. "He's much easier to work with than banks which often have problems relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc small businesses," comments Schatzle. "Alfred understands what we're trying to do, he stays in constant contact, and he has a very down to earth approach. He also tells us when a glitch A temporary or random hardware malfunction. It is possible that a bug in a program may cause the hardware to appear as if it had a glitch in it and vice versa. At times it can be extremely difficult to determine whether a problem lies within the hardware or the software. See glitch attack. may arise in the plan," added Schatzle. Adams is often amazed by his own success. "Sometimes I wonder what the neighbors would think if they knew the level of multi-million dollar deals that come to pass right here in my home. It's kind of mind-boggling," says Adams. But rest assured, he's not too busy working to enjoy the fruits of his labor, and his success and fortune have not gone to his head. You'd never know the guy next to you in the grocery store in the blue jeans blue jeans also blue·jeans pl.n. Clothes, especially pants, made of blue denim. blue jeans npl → tejanos mpl; vaqueros mpl and sneakers sneakers Noun, pl US, Canad, Austral & NZ canvas shoes with rubber soles sneakers npl (US) → zapatos mpl de lona; zapatillas fpl is a high-level financial agent who operates in international circles. To his friends and family he's still just Alfred. And that's just fine with him. |
|
||||||||||||

-shoot
Printer friendly
Cite/link
Email
Feedback
Reader Opinion