Biz Whiz
Start Up Business Checking
what does W.I.S.E stand for?
Welcome Personally, Individually understand, Share knowledge, Employ Solutions
the abbreviations DTI and LTV stand for what
Debt to income & Loan to value
Business overdraft and Consumer overdraft options are the same for both types of accounts
No!
the amount a customer should have in order to qualify for investment referral
$100,000
the monthly maintenance fee on our Not-For-Profit Business Checking
$0
the portion of the conversation where we introduce ourselves to our customers, and include our purpose and ask permission to proceed
engagement or position statement
this customer is wanting a lump sum to make renovations to his home this winter and is considering tapping into his equity. his concern is fluctuating interest rates and wants to pay it off in exactly 5 years. what can you recommend
HELOAN
we offer both Business Savings AND Business Money Market accounts
Yes
this partner helps in offering solutions pertaining to managing payables, receivables & our commercial online banking platform for complex businesses
Treasury Management (Lisa Grimmett)
customers can use this card to make purchases for their businesses while earning 1.5% cash back
Visa Business Platinum Card
what is an open ended question and a closed ended question. provide an example...
Tell me about your savings goals?.. Do you have a savings account elsewhere?..
the length of time the borrower has access to draw on a HELOC
10 years
the portion of the business loan application process that tells the story and purpose of why the loan is being requested
deal memo
the loan officer we refer too when loans are over $1M aggregated
Lisa Geraci (Commercial Lending)
a flexible option for lending that can be back by business assets such as inventory or accounts receivables that varies in interest over time
Business Line of Credit
what are the 5 T.R.I.C.O. values
Trust, Respect ,Integrity, Communication & Opportunity
this account offers interest & complimentary paper statements as long as you keep a minimum daily balance of $5000.00
a savings account that offers tax advantages with a maximum annual contribution applies as defined by IRS guidelines
Individual Retirement Account
this customer is requesting an unsecured Business line of credit for 325K. even though he has been in business 4 years this is his first time requesting a LOC. what partner would handle this request?
none! this loan is done in branch
an option to finance up to 100% of the cost of a project, including soft costs or non recurring costs. eliminates the need to apply for credit every time and typically requires no down payment.
Equipment Finance
the tri counties mission statement
Tri Counties Bank exists for only one purpose: Improving the financial success and well-being of our shareholders, customers, communities and employees.
the annual fee for having a Home Equity Line of Credit
$100
a tool business customers can use to ensure their checks aren't cashed by unintended parties
Positive Pay
for merchant processing services, what is something we can ask from the customer to see their total volume in processing
merchant statement (9K-10K minimum a month)