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From monthly archives: August 2019

We are pleased to present below all posts archived in 'August 2019'. If you still can't find what you are looking for, try using the search box.

Navigating a Business Loan: Know the Five C’s of Credit

As a consumer, it’s easy to understand the importance of an excellent credit score should you wish to obtain a loan. As a business owner, however, navigating the world of credit and lending can be much more extensive. In business, especially in a privately-held or family-owned business where the owner or owners are filling many roles, a close, working relationship with a local bank can be essential to a business’ long-term success. “Even if you don’t have a great borrowing need now, it’s still a good idea to establish a solid working relationship with a trusted bank,” explained Maria Hunter, First Bank’s Relationship Manager. “In doing so, you will have already established some good will with the bank, allowing the banker to gain general knowledge of your business. Plus, you’ll already have a proven track record with your bank before ever even applying for a loan.” Applying for the Loan The process of applying for a business loan starts be ...

Growing Your Business in a Digitally-Transformed World

In today’s competitive environment, businesses would not exist without advancements in technology. From innovative payment and accounting systems to robust, integrated inventory solutions, businesses require technology in order to keep pace with their counterparts in the industry. One of First Bank’s trusted partners, Bond Consulting Services, a national consulting firm, empowers organizations to thrive in a digitally-transformed world. With over 18 years of software integration experience, Bond Consulting Services is a proud Microsoft Gold Certified Partner and was just awarded Microsoft Dynamics 365 Business Central Partner of the Year Finalist by Microsoft in June 2019. Bob Bond, President of Bond Consulting Services, said, “As businesses grow in volume, data, and reporting needs, they need to scale up their technology rapidly. It truly doesn’t matter the size of the company you own or manage, you can always leverage technology to help streamline your services.” Alth ...