Questions

Results for: Commercial Banking

Silicon Valley Bank. Tell them I sent you and they'll take care of you ;-)

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You have asked the golden question. As a business banker, we all struggle with getting deposits. Going after key industries (escrow companies, property management, HOA's, etc) will help in this. However, there are many options to help get deposits. I'd be happy to hop on a call and talk about thi...

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Access to credit depends on the country and the credit worthiness of the borrower. For a business account, they will want to see strong financials. The trick is to get to know the lenders that serve the country you account is located in. Then apply for loans that suit your needs. Of course there ...

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I do understand the problem that you are facing. There are several ways to help you out for instance: 1. Pay more than the minimum payment. If you carry the average credit card balance of $15,609, pay a typical 15% APR, and make the minimum monthly payment of $625, it will take you 13.5 years to...

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1) Change bank 2) Stop doing money laundering or giving them suspicions of doing so by avoiding excessive cash deposits/withdrawals or having periods of large movement and then no movement (these are triggers) 3) Have a good relation with your banker 4) If they ask you for nature of your business...

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Yes it is possible. It is not uncommon for an LLC to have a managing member that owns a nominal interest of 1% while the remainder of the LLC units are owned by limited members that do not have management authority or actively participate in the operations of the company. If the LLC member is a...

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