How To Raise Money Podcast
#020 - Dont Ignore Your HIgh Street Bank
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:30:00
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Sinopsis
Welcome to another episode of the How to Raise Money Podcast. In today’s episode, your hosts Ray and Nigel discuss how to raise money from your traditional highstreet bank and must the myth that banks aren’t lending. Ray speaks to the chief executive officer of a national bank and the head of property to gain an insight into highstreet bank lending and reveal the secrets of how to access the bank's money a little easier. Discover how to get the banks on your side by getting to know their property manager, build credibility and confidence and get the banks lending with a relatively low level of interest. Finally, Ray and Nigel discuss why you should get started right away, even if you haven’t yet found the deal you need funding for and always remember collateral, cashflow and character. KEY TAKEAWAYS The Highstreet banks want three things to secure lending Collateral - Unencumbered property as security for the loan. You need to have a stake in the transaction. Cashflow - To service the loan. For businesses