Jump to Main Content

Appreciating your financial institution

Not just a source of finance

When you’re seeking advice on how to grow your business, don’t overlook one of the best resources you have available – the small business specialists at your financial institution. They can help you solve problems, meet challenges, and are a great source of advice.

The better your relationship with them, the more you can make the most out of what they have to offer you and your business. They can help you with special rates on loans, overdrafts, business accounts and credit cards, rates that are specifically tailored to your needs.

They also have great networking contacts and can put you in touch with helpful people in your industry.

Expert advice

Your financial institution should be supporting your business goals. They do this by being a sounding board, helping you decide on financial solutions, showing you how to effectively manage your cash flow, and streamlining your business accounts.

They can also offer useful advice for:

  • Growth phases – if you’re thinking of opening new stores or branches, becoming a franchise or entering the international marketplace, they can help you navigate these stages of growth.
  • Helping you spot trouble – if the economy is in decline, your cash flow needs improving or you’re having difficulty chasing up late payments, they can help you work out solutions.
  • Restructuring loans – it’s important to review your loans with your financial partner on a regular basis, because there may be opportunities to tailor them to your needs and save you money.
  • Reducing debt – they’re going to spot ways you can reduce your debt faster, so talk to them about what you currently owe to see if you can pay them off faster.

The small business specialists at Meridian are like your very own personal business consultant – and at no cost. We want to see you succeed as much as you do, and we want to help you achieve your objectives. So make the most of them!

Additional Resources
Here is an overview of business accounts with Meridian
Learn how to start a small business here

Get help
Find a Small Business Advisor