Advise your bankers symbol
Top 10 Tips

Tip 2 – Advise your Bankers Early

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The Video Transcription:

The natural inclination is to keep bad news away from your bankers when the business runs into financial trouble. Banks have more respect for businessmen who advise them early, keep them informed about their difficulties. In fact, banks consider businesses that hide away their difficulties are really only commercial dreamers and are unlikely to have what is necessary to steer the business to safe land.

Bankers in recent years have learnt that being trigger happy is not always the best result for their bank.

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David Murray

David Murray

David is a fully and Highly Qualified Financial Accountant with an unblemished record for almost 30 years.

David has an extensive Academic Record including, inter alia – Gold Medal College of Commerce – First Place Chartered Accountancy (ROI) – Fastest Graduate to Qualify.

David has written many articles on International Trade Finance in Magazines and Sunday Business Newspapers. In addition, has been Late Late TV Show Tested on cases referred by them.

David has extensive Business Experience particularly in Property, Construction, Manufacturing, Equipment, Telecom, Service Companies, SME Sectors in Ireland, UK, Dubai, Poland, etc., Agent in Ireland Bank of Iran, Plc Bank Seminars “Finance for Builders”, etc., etc.

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