7 habits of effective lenders
TRANSCRIPT
7 H a b i t s o f H i g h l ye f f e c t i v e L e n d e r s
e a s t c o a s tBARBER SHOP
INTRODUCING
#1 Get educated!
Accounting Business Model
Cash FlowIndustry
Covenants
CREDIT
Understanding credit iscritical for value added
structuring and riskmitigation
#2 Listen...really listen
Needs vs Wants
Motivations
Pain points
From the client's perspective
#3 Seek First toUnderstand
Ask How?‐operations questionsAsk Why?‐competition questionsAsk Who?‐management questionsAsk What?‐product questions
The Client's Business
#4 Proactive
Anticipate, recognize and addressissues ( internally and externally)before they become problems
#5 RESOURCEFUL
Effective Bankers know when and
who to call to get things done
#6 Never ForgetTHEIR TEAM
Credit partners
Underwriters
Assistants
Effective bankers engage and leveragetheir teammate to create acompetitive advantage
Response Time Creativity Execution Resource
#7 Communicate Effectively
With prospects, clients and partners
Creative ideas/solutionsFinancial PerformanceIndustry informationEconomic forecast
ExpectationsTeam Changes
Success inlending startswith a strongfoundation in
credit!
Interested in growing revenue?Interested in credit quality?
Interested in talent pipeline?
Contact Uswww.creditrained.com
19+ years in Commercial LendingCommercial, Middle Market & Large Corporate
Local and regional deal teamsOrganizational Design and execution
Talent Sourcing and DevelopmentTurnaround Expertise
Results FocusedCredit Trained
About Me