#053 - Banks Will Go Out of Business and Here Is Why...

Banks are losing the plot! And if they are not careful they will lose their business too. Ray and Nigel have decided they need to spill the beans! Here is a list of at least 7 things that banks should take note of when it comes to helping businesses or property developers with their fund-raising. It is what banks can learn from the alternative lenders!! Too many times we are hearing from business people who complain about delays with High street banks and other bank lenders 1. Can you make a decision? Are you the person who can tell me yes or no when it comes to my initial application.  2. Do you understand what my business is? 3. Do You understand the value of delays? 4. Do You realise the concept of being over-secured 5. Understand that you cannot get rid of all the risk 6. Sooner or later someone must make a decision. 7. The Future – Speed and simplicity is everything that a bank is not. They need some specialist ability…or they should go back to it as they have lost the knowledge. To get in touch with us email [email protected] If you have a deal you want to finance go to https://tiny.cc/raybot