Finding the right lender to help your business is often met with much trial and error. Whether you’re looking for a new commercial banker or simply wanting to review your current relationship, these simple questions will help you determine the best fit.
Are you an expert in my market?
We see too many businesses grow frustrated because they are working with lending professionals that either lack experience within their market or struggle to keep up with current demands of their industry. Don’t be fooled! Your commercial banker is your company’s partner and should be prepared to answer this question.
What is the average size loan you work on?
The answer to this question is telling for a few reasons. Is this lender experienced enough to handle the type of financing your company needs? The type of performance and attention you would expect from your banker will vary dependent upon if your company needs a bit more working capital or is undergoing a much larger expansion.
Why do you want my business?
There are many perks to remaining with the same commercial banker for years on end. You’re able to form a trusting relationship with a party that is essentially an extension of your operation. This often leads to industry insights, better pricing, and more personalized solutions. This is only successful if you find your commercial banker values your goals. What makes this lender different from the rest?
Our lenders are ready to answer these questions… is yours?