A client recently asked my advice about using a business loan to help him fund the cost of a physical move of his business. He was curious how to be best prepared to talk with the bank about his possible need. The answer I gave him works for any borrower wondering how to improve their chances for obtaining a loan from a bank: You should be able to easily articulate the answers to three basic questions:
What do you need the money..
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When you consider your financial goals, you likely have some short-term goals that you want to achieve in the near future and other long-term goals that won’t happen for years down the line. Juggling these goals and understanding how to save for them can be a challenge. At First Foundation Bank, we want to help you make this balancing act easier. So here’s a look at..
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Every year, it’s important to set time aside for a financial checkup in which you review the most important elements of your financial plan. At First Foundation Bank, we give you the tools to track your progress, identify potential problems, and adjust your plan as needed to strengthen your financial health over the course of the year. When you perform a financial checkup, the main..
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