At PNC Bank, $500 is worth more than $250,000

I still use banks for low interest mortgages and a place for daily financial transactions. But too many times, my dealings with banks like PNC end up disappointing me. They never seem to focus on the customer experience despite the lip service in their advertising. My latest instance of this was working with PNC to […]

By |June 29th, 2021|Customer Experience|Comments Off on At PNC Bank, $500 is worth more than $250,000

Forget the Banks, Peer to Peer Lending is Working

My bank no longer loans money to businesses. However they do offer coffee and cookies in their lobby. Fair trade wouldn’t you say?

Since the crash last Fall, businesses have been hurt by a lack of new lending from banks and the cutting of their existing credit lines. But, good old American ingenuity is filling the […]

By |November 10th, 2009|Business|Comments Off on Forget the Banks, Peer to Peer Lending is Working

4 Steps to Safely Leverage Your Credit Cards for Your Business

Credit is tight for everyone. Gone are the days when you received 3 new offers in the mail everyday offering you a new card or 0% interest on balance transfers. Banks are also cutting their grace periods for paying your balance in full from 30 days to as short as 9 days.( I received my bill from […]

By |July 16th, 2009|Business|Comments Off on 4 Steps to Safely Leverage Your Credit Cards for Your Business

Your Vendors are now Your Bank

More and more these days, I feel like a bank. I have counseled my clients for years that they should not take on this role with their clients by extending payments terms to them that hurt their business.

But with the Great Recession in full swing, small business owners are finding ourselves more and more in […]