Over and over I’m asked about loans, regaled with complaints of relationships gone awry — prompting this particular column. Banking doesn’t need to be so complicated and laborious.
First, banking is just like dating. You may prefer brunettes, slender, dark skin, short hair, etc. Banks, depending on their current portfolio allocations, have similar preferences for manufacturers, hospitality, investment real estate, government contractors, etc. So, “it’s not you, it’s us” may, in fact, be very apropos. Your business or industry may not fit their current appetite.
*This article was originally posted on The Daily Record.