banking
How to find the financing your business needs; and get it!
I heard a businessman in New Orleans talk about financing on a news show last night. He said it was difficult to get expansion financing and he contacted about 20 banks before he got the financing he needed. His comment was: I finally figured out how to present the request! I wish i could have [...]
BANK OVERDRAFT FEES????????
Maybe we really do need a nanny! The banking overdraft fee laws are really interesting to me for several reasons. First, the idea that banks are wrong to charge customers for the privilege of borrowing money without asking is a puzzling one. That is what overdrafts are; borrowing money without asking for permission. I admit [...]
Your first impression with your banker needs to be your best one!
We all know the value of first impressions. If they are good we create a relationship; if bad we have repair work to do. As a former lender I succumbed to making quick judgements many times, especially if my prospect was poorly prepared with their financing request or didn’t have any idea of what I [...]
