The Right Business Banking Decision Matters: Here’s How to Get It Right
Need to fuel growth, to launch new initiatives, pay for equipment, or hire skilled professionals? Rewind a few years: the bank’s answer may have been a resounding “No.” Wary of lending, they clung to cash reserves. As the economy recovers, however, they know that loans drive profits. The stigma of write-offs from 2008 and 2009 may have sharpened the pencils of some bankers, but in general, capital ratios have improved, and banks want to put their cash to use.
How do you choose which bank should put its cash to use for your business?
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