October 2015
Consider Business Interruption Insurance When Planning for Disaster
 
Bankers usually check to make sure businesses have adequate hazard insurance in case a building or essential equipment is severely damaged or destroyed. Another form of insurance that could be just as important, if not more so, is a business interruption policy. If a borrower incurs a loss to income producing assets, there might not be a business left by the time hazard insurance restores the property. Read more...
Lending to Nonprofits: Opportunity and Threats for Community Banks
 
As federal and state governments face tighter budgets, some are reducing the amount of money they allocate to nonprofits. This presents both opportunities and threats for community banks. In the face of declining government support, cash-strapped nonprofits are turning to local banks for commercial loans and lines of credit. Read more here...
Global Cash Flow and Owners' Personal Living Expenses
 
The finances of small business owners' companies and personal lives are usually intertwined. This requires community banks to examine global cash flow when analyzing small business loan applications. Global cash flow integrates both business and personal cash flow to provide a more complete picture of the business owner's overall financial situation.  Read more...
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The experiences our professionals have gained from these relationships allow us to offer you best practice ideas on business issues specific to community banks.

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