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- Questions to ask to better understand a bank before starting a business relationship with them
- Gauging lending authority as well as the extras available with an account
- Inquiring about basic, lending, and services available
- Financial technology options can be an appealing option for entrepreneurs who have trouble accessing funding through traditional lenders
- However, fintech can also come with higher interest rates and more onerous repayment terms
- Proceed with caution when looking for financing
- How to develop a relationship with your bank to meet your small business needs
- The important documents to bring when meeting with a bank representative
- What banks are looking for to gauge creditworthiness
- Finding the funds necessary to start or expand a business until it can reach profitability
- Forecasting expenses and revenues as part of your business planning process
- Calculating how much money you’ll need to sustain your business until you break even
- Whether it is better to buy or lease equipment for your company
- For those starting or expanding a business
- How to decide which option makes the most sense for your business
