Is Your Banking Relationship Changing? - by Ravi Patel

 

Entrepreneurs may want to get a pulse of their current banking relationship.

 

Given the tightening of government control over the banking industry, many banks are required to strengthen their capital:debt ratios. As a result of this, banks are reevaluating credit lines and debt relationships with clients.

 

Entrepreneurs may want to sit down with their banker and get a sense of what is going on at their bank. It might be prudent to draw up backup plans if Entrepreneurs get a feeling that the banking relationship is about to change.

 

 

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