3 Reasons Your Business is Better with Treasury Management Services (TMS)
Beth Gilliard, TCB SVP, Treasury Management Services (TMS) Manager and 40+ year banking veteran, gives insight into how small businesses can benefit from TMS Updated: July 22, 2020 I’ve been in banking for more than 40 years now. Nearly all that time has been spent within the Treasury Management Services (TMS) department….Continue Reading »
3 Questions to Ask Before Applying for a Small Business Loan
How being prepared can improve your chances of getting approved for the right small business loan Thinking about applying for a business loan? You’re in the right place. But first, you’ll need to do some homework. Before diving into the different kinds of small business loans out there, let’s go over…Continue Reading »
Small Business Loans and Financing to Fund Your Startup in Houston, TX
Photo: The Cannon Houston Key takeaways from our “Know Your Funding Options” Lunch n’ Learn at The Cannon coworking campus in Houston, Texas As a startup business, you are likely going to friends and family first for funding. Why not? They are easily the most likely people to believe in you and…Continue Reading »
CRE Loan Case Study: Real Estate Refinance for Houston Logistics & Export Facility
Texas Citizens Bank recently refinanced an owner-occupied real estate property in Greater Houston. The working capital from the real estate refinance empowered the operator to oversee a project worth nearly $100 million, which created dozens of jobs in the process. Additionally, the refinance provided the customer with cash out and debt service…Continue Reading »
Do I Need a Separate Bank Account for My Small Business?
TL;DR: Maintaining Separation Between Your Business and Personal Life Saves You Time and Sanity As a small business owner, you may not see the need to open a business bank account. After all, products like QuickBooks and FreshBooks make it easy to sort business from personal. But if the goal is to…Continue Reading »
How to Choose a Banker for Your Houston Small Business
7 Steps to Finding a Business Lender that’s More Advisor than Salesperson Finance guru and talk radio personality Dave Ramsey encourages his listeners to look for financial advisors with the “heart of a teacher.” Of course, that’s easier said than done when it comes to business banking. After all, salespeople outnumber…Continue Reading »
6 Small Business Loans and Financing Options to Fund Your Houston Business
Proven methods for financing common small business needs From angel investors to crowd-sourced platforms like Kickstarter, there are now several creative ways you can fund your business in 2018. While both of these financing examples provide interest-less capital, each require you to give up a degree of control. There are no guarantees…Continue Reading »
How to Identify, Avoid, and Report Check Fraud in 2020 [Infographic]
Updated August 20, 2020 Since credit and debit card skimming caught fire in 2008, banks have made card fraud a top priority. The first sweeping change came in 2015. After identity theft complaints peaked at 490,220, many carriers switched to the more secure EMV cards. Those tiny silver EMV chips on your…Continue Reading »
The Dangers of Cash Advance and Short-Term Loans
5 Essential Questions to Ask When Considering Cash Advance and Shorter-Term Loan Options Updated August 20, 2020 What is a cash advance loan? Cash advance loans, also known as merchant cash advances (MCAs), are the product that birthed the online lending industry. A solution for business owners ineligible for bank approval, cash…Continue Reading »
Do’s and Don’ts of Using PPP Loan Funds
Updated: November 10, 2020 Download PPP Loan Funds Do’s and Don’ts Checklist You received your PPP loan funds. Now what? A couple weeks ago, we published our Do’s and Don’ts of PPP loan funds as a slideshow guide on LinkedIn. It’s now being used by the Small Business Administration (SBA) Houston District…Continue Reading »