You Can Bank On The Personal Touch

Article Abstract:

Community bank start-ups are a 1990s trend with benefits for small businesses. Community banks are dedicated to the needs of a home market and specialize in serving small firms because they are themselves small businesses. Bank consolidations and the health of the US economy are factors in the community banking trend.

Author: Nelton, Sharon
United States, Services information, Small Business, Banking industry, Industry Overview

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Niche lenders hit the target

Article Abstract:

Niche lenders concentrate on businesses they know intimately and cultivate longterm relationships with clients. The niche lending business operates mostly by word-of-mouth, and some resources for finding niche lenders include attending trade shows and networking with professional advisers.

Author: Nelton, Sharon
Business Financing, Small business lending companies

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Loans with business - and principle

Article Abstract:

Bagel Works, a small company with goals based on social responsibility as well as profit, secured loans totaling $681,000 in 1995 from the Socially Responsible Banking Fund. Vermont National Bank reports that loans to socially responsible companies have a low delinquency rate.

Author: Nelton, Sharon
Retail Bakeries, Bakery Products, Retail Bakeries (Mfg & Sales), Economic aspects, Bakers and bakeries, Bakeries, Socially responsible investments, Vermont National Bank, Bagel Works

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Commercial banks, Finance, Services, Small business
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.