A bank manager who is a raving fan can do wonders for you but on the other hand if you get offside with them your business is never going to get the treatment it deserves. Over many years on both sides of the banking fence I have observed the behaviours of customers which turn bankers both on and off. Every SME […]
This Fairfax Media article suggests one way of enhancing your prospects of getting a bank loan to buy a business is to buy a business which has a property attached to it. Whilst its true banks do like to lend against property we offer a cautionary note that most small business owners have a limited capacity […]
Although the big banks still dominate the SME market, business owners are switching to regional banks in increasing numbers. Small business owners continue to be the most disadvantaged sector when it comes to dealing with the banks. East & Partners latest Business Banking Index survey, which monitors business customer behaviour towards banks, found SMEs (turnover […]
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