If you are a true sports fan and particularly a college basketball sports fan, March is your favorite time of year. Why? March Madness.
There are 339 Division 1 schools in the NCAA and 68 of them will begin playing in a single elimination tournament that starts March 15 and ends April 4 in Houston, Texas where the 2 survivors will play in the championship game. Every year, there are 2 or 3 “Cinderella” teams that no-one has even heard of. Suddenly, these teams are beating highly ranked teams and turning the tournament upside down. It’s extremely exciting. I find myself rooting for these underdogs – schools like Butler, Florida Atlantic, Lehigh – to beat the big boys – Duke, Kansas, Kentucky.
If you like sports but maybe you are really not a big fan of college basketball, check out the NCAA Tournament this year. Each game is do or die, and that element alone brings a whole new dynamic to the sport.
In the note business, we have our own March madness going on. Activity is high. Emails are coming in and the phone is ringing a lot. Many note holders are looking for cash this time of year, and the question for them is whether their note is the best source for that cash. If you hold a note and find yourself looking for cash, you owe it to yourself to seek options, and determine if your note is the best option for that cash.
Our business is providing options to people who are looking for cash. You won’t know how good – or bad- an option selling your note is unless you ask.
So, email or call me today and let’s see if I can help.