To help your business build a good foundation, as a business and for working with a banker, what you most need to know is where your business is financially and where you want it to go. Keeping good financial records, preparing a budget for your goals, and having room to adjust the budget based on unexpected changes will not only help you make good business decisions, but will also help you provide your banker with the right information to determine the best solutions and opportunities for your financial needs.
You’re invited to read about the 5Cs of Credit and more in The Basics of Business Bank Loans (.pdf) from First Bank and Trust Company.
First Bank & Trust Company, one of the top community banks in the United States, is a diversified financial services firm with office locations in southwest Virginia, northeast Tennessee, and the New River and Shenandoah Valleys of Virginia. Financial objectives are addressed by offering free checking products for personal and business accounts, and assessing lending solutions managed by mortgage, agricultural and commercial lending divisions. Comprehensive financial solutions are available through trust and brokerage service representatives.
You’re invited to read more about First Bank & Trust Company on Handshake 2.0. First Bank & Trust Company is a client of Handshake Media, Incorporated, the parent company of Handshake 2.0.