Banking Services

This class provides an overview of business banking services.

After completing this class, participants will be able to understand the following:

• The 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