Bill McDermott

Bill’s Mission:

To listen to you articulate the goals and objectives you have for your business and understand the obstacles that impede your progress.  With that information, he engages you in a thorough analysis of your strengths, weaknesses, opportunities and threats.  He then provides a tailored solution to meet your unique financial needs.  By listening and leveraging his knowledge and experience in your industry, you will execute a plan together.  His mission is to provide you with a client experience that is second to none.

The idea that there could be a better way to help business owners solve banking problems caught his attention.  He believes there is a gap in the marketplace where business owners are looking for an experienced consultant to give them an independent assessment of their situation.  Business owners need to know they have options.   For these reasons, Bill launched McDermott Financial Solutions.  http://www.mcdfs.com/

What does Bill do for his clients?

Banking/Business Assessments

Bill can help you make sure you're getting the right products and services to match your business requirements and objectives. He will meet with you to fully understand your situation, budget, desires, timelines and expectations.  He will even create and apply his services to prepare estimates on your needs to give you an idea of what you are spending for what you are getting before you take that next step.

Financial Analysis

Knowing what you currently have and where you would like to go is the first priority in any goal.  Bill's financial analysis service is the key to success in the banking industry.  First, he sits down with you and get an understanding of your business goals and objectives.  He then gathers all relevant financial data for the past three years to assess the trends in your balance sheet, income statement and cash flow.  With that information, he provides you with a road map to achieve your goals and objectives in a cost-effective and timely manner.  As with any business, planning is key to success.  Bill brings broad experience across many industries to help you understand and define your financial needs. 

 Loan Packaging and Bank Presentations

With a plan in place, he partners with you to put together a complete banking package with all relevant information your bank needs to make a decision.  He can also make the presentation to your bank or attend with you to ensure you obtain the services you need.  His goal is to work with your banker to implement your plan and make it become a reality.  If, for some reason, your current bank is unable to grant your request, he then utilizes his resources of banking contacts from three decades in the industry to find an alternative solution.  He is passionate about finding the right strategy with the right banking partner at the right time to ensure your company's success.

Bill developed a blog, http://mcdfs.blogspot.com/ to give business owners, bankers and other professionals a forum to share resources and information on pertinent topics in banking and finance.  You can also follow Bill's updates on Twitter http://twitter.com/mcdfs.

What is Bill’s professional experience?

Bill McDermott has over three decades of experience in the banking industry with 25 years working with private businesses.  Clients work with Bill based on his ability to get results, his ability to build long term relationships based on shared values and his integrity.  

Bill’s affiliations:

• Atlanta Executive Forum

• Sou thern Resource Group

• Gwinnett Habitat for Humanity  http://www.habitatgwinnett.org/

• North Georgia Walk To Emmaus  http://ngwte.home.comcast.net/~ngwte/

• Norcross First United Methodist Church  http://www.nfumc.org/

• Wake Forest University Alumni Association  http://www.wfu.edu/alumni/