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Finding a Community Bank to Fund Your Commercial Loans [Benefits of Community Banks vs National Banks]
The traditional approach to funding a commercial project is to go with a local or regional bank who offers commercial loans.
However, your best bet almost always is working with a community bank versus one of the big banks. You'll get more personalized service and often better pricing and terms.
In this video, Beau sits down with Dan Baner from Bank of Franklin County to discuss the advantages of working with a community bank when searching for a commercial loan.
Some benefits of working with a community bank:
1. Focused, Personal Attention
2. Community Banks Promote Community Growth
3. Emotional & Physical Community Attachment
4. Personal Qualification
5. Local Decision Making
6. Small Business Savvy