Courting your banker
Article Abstract:
A decrease in loan demand and an increase in problem loans are but some of the problems that has resulted in a greater level of conservatism in today's bank lending activities. To increase the chances of obtaining financial assistance, companies are suggested to cultivate a vendor management approach to lending, focus on less banks for service requirements and learn more about the internal processes of the banks concerned. Other considerations include the slanting of existing presentations to coincide with what banks require and the development of more flexible financing options.
Publication Name: Small Business Reports
Subject: Business, general
ISSN: 0164-5382
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Guardian angels?
Article Abstract:
Cultivating friends and other private investors for business funding is not as trouble-free as it seems. Partnerships with so called business angels often result in acrimonious relationships irrespective of whether the business succeeds or fails. When dealing with business angels, always provide for buyout provisions and avoid giving excessive guarantees to investors. Such steps would provide a way out in later business developments.
Publication Name: Small Business Reports
Subject: Business, general
ISSN: 0164-5382
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Breaking your backlog. Management sins. Ready and able
- Abstracts: Get your own credit. Safeguard your SSN. Surviving the credit crunch
- Abstracts: Automating the balanced scorecard. Automating cash applications yields dividends. Automating time and attendance
- Abstracts: Returning labor leader deported. Tibetans demonstrate against China
- Abstracts: Congress overrides cable-TV reregulation veto. FCC sets cable regulation guidelines. Cable-reregulation bill passes Congress