Lender role in a business succession plan is discussed.  Hear guest Mike Foresee, a bank vice president and relationship manager talk about how a lender participates in planning. Listen for key components a bank is looking for in the plan.  Foresee explains why a good relationship with lender is critical to process success.  Listen for who is on the planning team.  Foresee explains programs that are available and how they function. Revisit the 5 C’s of credit and why #character count. Hear why a succession plan might cause a  #loan #default.