Business owners and leaders typically put in more than their fair share of hours to guide their companies to success. They’re also focused on making the most of the rewards they receive for that hard work. This time of year, many take time to study and adjust their personal investment portfolios.... Read More
If you follow economic news, you’ve seen plenty of debates about whether the United States is slipping into a recession. Bankers generally steer clear of media hype and talking heads. Instead, we study economic factors to detect worrisome trends.... Read More
Typically, the more your business grows, the more complex your finances become. Even the most diligent owner or CEO may find it increasingly difficult to get a quick measure of their company’s health. That’s when it pays to go back to your Accounting 101 class and renew your acquaintance with some handy benchmarks.... Read More
You’ve probably heard the old saying that the only way a bank will lend money is if you can prove you don’t really need it. The business loan underwriting process can seem frustrating, but there’s good reason behind it and ways you can help it move more quickly.... Read More
If you’re like most people, you think of your local bank as a place to safeguard what you’ve earned and borrow more when you need to. That’s accurate, but the most important role banks play in your community is generating money.... Read More
As if the nation’s economy wasn’t volatile enough thanks to the COVID-19 pandemic, we’ve started hearing anxiety about inflation. Recent jumps in consumer and commodity prices seemed to catch the expe... Read More
Owners of growing businesses commonly misunderstand the role -- and the value -- debt can play in their companies’ health. Many of us were raised to cast a wary eye when it comes to borrowing, and tha... Read More
There’s a familiar adage that getting a loan requires proving you really don’t need one. It reflects the frustration and intimidation many business leaders feel when seeking financing for their compan... Read More
