The importance of a good banking relationship
Let’s face it: bank managers and funding providers can be demanding.
While you’re busy trying to grow your business, they want regular updates, management information, financial statements, and endless reports. Things which businesses really have to carve out the time to deliver.
However, when you invest in your banking relationship, your bank is more likely to invest in you. Whether that’s with favourable interest rates and loan terms, or in a more personal sense, opening doors to the banker’s own professional network.
So what can you do to nurture your business banking relationship, without taking your eye off your everyday business activities?
The answer, we believe, is in outsourcing.