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ESOPs and Loans: Releveraging, Non-Bank Financing, and Working Capital

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This replay was recorded on October 24, 2017.

About This Meeting

This seminar looks at some cutting edge ideas for ESOP financing, including releveraging your plan to help get new employees ownership, finding financing from sources other than banks, and developing new source of working capital.

This Webinar will cover


ESOPs and Loans: Releveraging, Non-Bank Financing, and Working Capital
Cara Benningfield, BKD, LLP; Thomas Mug, Greensfelder, Hemker & Gale, P.C., and James Martin, Stoll Keenon Ogden PLLC


Cara Benningfield

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Cara is a partner at BKD, LLP. Cara leads the firm's national ESOP practice. Her experience with ESOPs includes transaction structuring, providing financing assistance, tax planning, and coordinating transaction closings, as well as ongoing plan administration. She is a member of the American Institute of CPAs and the Kentucky Society of Certified Public Accountants. Cara is a 2001 graduate of Campbellsville University, KY, with a BS in accounting, and a 2003 graduate of Western Kentucky University, Bowling Green, with an MBA.

Jim B. Martin, Jr.

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Stoll Keenon Ogden PLLC

Jim represents closely held businesses in tax controversies (including the use of partnerships and LLCs), employee benefit programs focusing on ESOP transactions, mergers and acquisitions, succession planning, business divorces, capital formation, like kind exchanges, and land banking transactions at the Louisville law firm of Stoll Keenon Ogden PLLC. He is a graduate of the University of Louisville School of Law, where he has taught business law. Jim began his career as an attorney with the Internal Revenue Service's Office of Chief Counsel.

Thomas H. Mug

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Greensfelder, Hemker & Gale, P.C.

Tom is an officer with the St. Louis law firm of Greensfelder, Hemker & Gale, P.C. His practice is concentrated in tax law, focusing on employee benefits, executive compensation, and business transactions. Tom is active in the ESOP arena, where he has worked with companies in a variety of industries providing legal advice regarding the design, establishment, and ongoing administration of ESOPs. He also counsels lenders and trustees in ESOP transactions.