Business Resources Library

Working with a CPA

Your small business’s financial statements are like diagnostic tools that provide information on the health of your business. That’s why it’s not only critical that you understand them, but that you also work with a certified public accountant, or CPA. CPAs can ensure that your financials are accurate and advise you on ways to make your business more financially strategic and profitable. In this article, we dive into the role of a CPA in your business, and key questions to ask [...]

Read More

Earth day

Individually and collectively, small businesses are taking the steps to reduce unnecessary waste and ramp up sustainability efforts. From going digital to switching to energy-efficient equipment, these simple steps can have a profound impact on the environment and can also help increase your business’s operational efficiencies and bottom line. In honor of Earth Day, Excelsior Growth Fund is encouraging business owners to look into small changes they can make today to implement [...]

Read More

The Small Business Banker’s Guide to Alternative Financing

When your clients need financing to grow their businesses, they turn to you to help them find the product that will best fit their needs. For those that don’t qualify for a bank loan, alternative financing may be a good solution. To help you better navigate the alternative lending landscape and find the best financing options for your clients, we’re sharing our recently updated guide to alternative financing. This guide highlights several alternative financing options available [...]

Read More

Business Risk Profile

Many small business owners understand the basics of small business loans. When it comes to borrowing, your business’s risk profile is another factor that lenders look at and it can have a significant impact on loan approvals. In this article, we explain what a business risk profile is, why it matters and share tips to help you improve yours. What is a business risk profile?  Simply put, a business risk is any short- or long-term factor that represents a direct or indirect challenge [...]

Read More

<