Bank restructuring – what should farmers do if they are not happy with their new relationship
More banks are restructuring their businesses to cut costs. As a result many farms are losing their bank manager or being moved to telephone banking staff with no understanding of farming. We give our tips for those who aren't happy with these changes.
Bank reorganisation – what it means for farmers and what can you do
Many banks and financial institutions are cutting costs by restructuring their businesses. This can mean a change in bank manager or a move to a telephone service. We look at what is happening and what you can do if you are unhappy or struggling with your new banking arrangements.
Loyalty to your lender could be an expensive mistake
90% of small businesses get their loans from their main bank, with no shopping around for other lenders. Have you ever compared your bank's rates, terms and conditions against other lenders? You could end up saving money or being in a more flexible position.