Making sure that you are selecting the right bank prior to moving forward is crucial to achieving funding. Now days, funding for your business will only happen with traditional lenders when ͞relationship banking͟ is implemented. 

 

You should consider banks where you may have a personal relationship with. If no prior banking relationship is established or you would like to establish a new relationship with a lenders, it’s important that you select a bank that is actively searching for new business relationships. Another great resources for Business Owners are large local credit unions that offer business lines of credit. These financing institutions are usually smaller than traditional banks and you may be able to talk directly with higher level decision makers to help plead your case.