Direct Debit fraud is more common than you might expect because it is so easy to carry out.
Tag archives: banking
Old debt = New problems
Why do so many business owners neglect to review their business funding arrangements? A loan arranged years ago made sense at the time but is it right now?
Make your bank manager your best friend
Make best friends with your bank manager.” You never know when you’ll need them to go to bat for you.
This key error stops banks lending to your business
Asking the bank for a loan when you’re at the crisis point sends the wrong signals, giving the impression that you’re desperate and not in control.
The future of banking [Sneak peek]
Banks are automating more and closing down branches. But there’s still a need for face to face advice.
3 criteria to pick the right bank for your business
If anything goes wrong with your bank or with your own company finances, your choice of bank will make a huge difference.
How long have you been with the same bank?
Most business owners never give their bank a second thought…until something goes horribly wrong.
We can’t get the money out of our bank
Over the past week, you might have seen some headlines about the collapse of the Silicon Valley Bank (SVB). If you were tempted to skip over those items because it has very little to do with you, I understand. Still, there are a few lessons that business owners in the UK can learn from this …
Make this person your best friend
When COVID hit, most people called their family and friends. My first phone call was completely different… …I called the bank managers of the businesses we serve. Take the heritage railway which I told you about last week. I’ll never forget the call, because their bank manager was brand-new, and “Hello Brian, I need money,” …
