This module will help you navigate the business banking world. Attendees will discover:
- benefits of building effective long-term relationships with bankers (branch managers and lenders) and business advisors
- Factors to consider when selecting a financial institution
- Features, advantages, and risks associated with the financial services and products under consideration
- Types of small business financing options and lenders
- Factors to consider when evaluating financing options
- Ways to improve their chances of getting a loan, including building a strong personal and business credit history, keeping accurate business records, and understanding the Five C’s of Credit
- Ways to recognize and avoid small business fraud, scams, and cybersecurity risks