A small business owner's views of the financial health of their business has a huge impact on how they interact with their bank today -- sales and service channel preferences, the products they use, the problems they experience, and more. And small business financial health strongly influences their willingness to do business with the bank in the future or seek alternative providers.
This presentation will address options for banks to use proactive relationship management, technology and digital tools, and risk mitigation solutions to help small business clients address today's leading financial stressors.
What you'll learn
- Understanding cash flow and knowing how much money is needed and when to meet financial obligations.
- Having a plan and a reserve available to handle cash shortfalls.
- Understanding how to improve the business' credit score and creditworthiness.
- Improving access to affordable capital funding and timely credit to meet business needs.