Avoid These Financing Mistakes That Kill Business Valuations
Having a well-financed business that doesn’t rely on bad sources of debt goes a long way to making a company attractive to buyers and ensuring that it fetches an attractive valuation. But, the choices that produce a good balance sheet don’t happen overnight; it takes years of preparation to ensure…
Real Estate Strategies for Small Business Owners as Rates Rise
For even small real estate purchases, you need a financing strategy. In a rising interest rate environment, the cost of capital is edging higher for all small businesses, but especially those who need to purchase property. As a result, U.S. entrepreneurs are returning to banks in large numbers seeking to finance…
Searching for Your First Apartment
Finding your first apartment can be one of the most exciting times in your life while also being one of the most overwhelming. Renting your first apartment is not only emotionally demanding, but financially challenging as well. Between finding an appropriate rental price, searching for the right neighborhood, and understanding…
You Want to Start a Business – How Should You Finance It?
Getting a small business off the ground is a huge achievement, but establishing financing on a solid footing is critical to whether an enterprise ultimately succeeds or fails. As a banking officer dealing with financing requests every day, the most common question I hear from founders of startups is, “Should…
What to Look for When Switching Banks
At some point in your life you may find yourself in a situation when it’s time to change where you bank. Some of those reasons could be positive such as relocating for a better career opportunity. Other times it could be a negative factor such as having a misunderstanding with…