Commercial Banking

Commercial Banking Update: February 10, 2010—Rick Gardner—As you know well, 2009 proved to be a very challenging economic year for businesses in Alabama. Although the 2010 forecast appears to be better, there will still be challenges and hurdles to overcome. I am often asked what a business should expect from their bank to better their business’s chance of success. Whether it’s your own business or your client’s business, there are two expectations that every business should have regardless of the economic...
The Current Commercial Lending Environment: November 19, 2009—Tom Broughton & Paul Schabackerg—Despite the challenges facing the banking industry today, credit is available to many companies, but careful planning and close communication with your banker is crucial. Organizations that are profitable and well capitalized may see relatively few changes in their credit renewals. Companies involved in investment real estate, speculative home building and land development will find credit especially difficult to obtain due to the broader...
Commercial Banking –What is Going On?: November 16, 2009—Access to credit can mean the difference between life and death for many businesses. The financial crisis has caused a great deal of change in the banking industry and, unfortunately, this can mean trouble for many businesses. Ask yourself a few questions. Does it appear that your bank is being very cautious about credit commitments? How does your bank decide credit issues? Do you know the risk rating assigned to your company by your banks regulators? What can you do