EXHIBIT 7(c)
IBDO BDO Seidman, LLP Two Plaza East
---- Accountants and Consultants 330 East Kilbourn Avenue, Suite 950
Milwaukee, Wisconsin 53202-3100
Telephone:(414)272-5900 Fax(414)272-1090
September 25, 2000
Securities and Exchange Commission
450 5th Street N.W.
Washington, D.C. 20549
Gentlemen:
We have been furnished with a copy of the response to Item 4 of Form 8-K for the
event that occurred on September 22, 2000, to be filed by our former client,
Bando McGlocklin Capital Corporation. We are in agreement with the statements
contained in paragraph 4(a) therein, in so far as they relate to our firm.
Very truly yours,
/s/ BDO Seidman, LLP
BDO Seidman, LLP
cc: Mr. George R. Schonath
Chairman and Chief Executive Officer
Bando McGlocklin Capital Corporation
P.O. Box 190
W239 N1700 Busse Road
Pewaukee, Wisconsin 53072-0190