Christian Business Leaders, Int'l
Banks are tightening up money policies and need to increase fee income
A growing firm needs funding to continue growing. They don't want to miss income opportunities because they don't have the cash to take them on. They don't want to be limited in their growth by the policies of their bank.
But, with the sub-prime debacle, banks are pulling back on all kinds of business lines.
What is a growing company to do?
Venture Money? Angel Money? Aren't these drying up too?
Sure banks and angel/venture capital have more money than they know what to do with, but they don't want to be the next WaMu or Bank of America and they definitely don't want to be caught holding the bag on problem building, construction, and bridge lines. So, they are all pulling back to watch and see.
There is a very effective way to greenhouse your business and make it much more appealing to banks while helping banks increase fee income, decrease risk (insured), and increase deposits.
Eric Standlee
But, with the sub-prime debacle, banks are pulling back on all kinds of business lines.
What is a growing company to do?
Venture Money? Angel Money? Aren't these drying up too?
Sure banks and angel/venture capital have more money than they know what to do with, but they don't want to be the next WaMu or Bank of America and they definitely don't want to be caught holding the bag on problem building, construction, and bridge lines. So, they are all pulling back to watch and see.
There is a very effective way to greenhouse your business and make it much more appealing to banks while helping banks increase fee income, decrease risk (insured), and increase deposits.
Eric Standlee
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