Bob Teska, CPA, CCIFP, Partner-in-Charge: Construction Services recently joined a colleague from CH Insurance Brokerage Services, Inc. to have a discussion centered around how to develop and maintain banking relationships. CH Insurance Brokerage Services, Inc. was represented by Larry Alampi, Business Development Manager. This is episode 6 of our Weapons of Mass Construction series. Questions/topics addressed during this discussion include:
- How do you find the right bank for your needs?
- What does a bank look at when applying for a line of credit (LOC)?
- The best/worst use for LOCs
- Equipment term loans
- What will effect the interest rate on a loan?
- When will a bank not give a loan?
- When is it time to find a new bank?
Bob Teska, CPA, CCIFP, Partner-in-Charge of Construction Services at Bowers & Company CPAs – reach him at 315-234-8157 or firstname.lastname@example.org.
Larry Alampi, Business Development Manager – reach him at 315-552-5345 or email@example.com.
Bowers & Company CPAs aims to offer helpful information to our clients and friends. Learn more about how we can help should your construction company need accounting and financial services.
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