Banking Services for Small Business - Lydia Turgeon, Bank OZK

Description

Banking Services for Small Business: • 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 financial services and products • Types of financing options and lenders • Factors to consider when evaluating financing options • Ways to improve your 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