Do you feel like your relationship with your bank (and banker) is in a lull? Maybe your banker has become distant, they don’t come to visit, or you only hear from them when there’s a problem. You haven’t been invited out to lunch or to play golf in well over a year. If you do get a call, it usually involves your financial statements, which prompts a battery of technical questions about your business and/or your financial performance. And this is coming from the bank you’ve been with for years. It sure seemed like your bank loved you when they extended your loan, but now it feels like your relationship has faded. What’s the problem?
Maintaining a good relationship with your bank and your banker is an important financial tool. Obtain ideas on how to enhance your interactions with your lender.