Banking Clinic

Programme Aim

These clinics will give participants the opportunity to meet with a leading Banking Advisor on a one to one basis to work through various areas or aspects of their business banking in a very practical manner with impartial advice. This clinic can prove very beneficial to those considering setting up their website or seeking to improve traffic to their current website.

Programme Content

This content is open to participants but typical topics covered in clinic meetings are;

• Your clear vision for the project including resources and time frame on repayment of loans.
• Identify Cash flow, short/med and long term finance needs
• Demonstrating ability to repay.
• Identify sources of the most appropriate from of finance.
• Preparation needed to request increase of loan and overdraft facilities
• Understanding figures you are presenting.
• Initial approaches to your bank to apply for or renew facilities.
• The tools in presenting your case including plans and financials.
• All aspects of restructuring of existing debt.
• Current tax considerations.
• Consideration of possible risk eg loan in personal name v company name
• Security available for facilities-not too little but not too much!
• Choosing the best form of finance.
• Negotiating good business rates and charges-understanding packages available.
• Understanding potential deal makers and breakers with financial institutions.
• Likely questions and how to answer them.