When you talk to lenders, often you will hear that lenders wish more businesses built ongoing relationships with them. A strong relationship with your lender can be vital to the success of your business. Your lender should be someone who understands your business as well as someone you can turn to for advice. They should [...]
The Importance of Solid Relationships With a Lender: Start Early Before You Need Them
Where is the Demand for Access to Capital Coming From?
Bryan Moeller, Director of Small Business Banking at Wells Fargo, and Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., discuss how banks are currently lending to small businesses. Moeller talks about how banks have seen a decline in lending, but that more recently there has been an increase in demand for loans. When people [...]
Don’t Wait to Build Those Key Relationships: Better Access to Capital Through Relationships with Bankers
Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., discusses the importance of transparency in relationships with your banker to increase the chance of a loan. The quantitative aspects to a loan are important, but the qualitative aspects of credibility, reputation, and trust are just, as if not even more, important at times. Business owners [...]
