As a long-time Maryland resident, with over 30 years of experience in the banking and finance sector, I have experienced the good, the bad, and the ugly when it comes to banking in the region. This background is what gives me the needed perspective to help lead and shape Howard Bank into what it is today. I am excited to be a part of not only the future of banking in this great state, but of Howard Bank’s legacy.
Need an SBA loan? “You’ll be filling out forms forever.” “It’ll take them years to approve your loan.” Those are just two of the widely spread, but totally untrue myths about the SBA small business loan programs.
The Small Business Administration (SBA) offers numerous programs to assist entrepreneurs with starting, managing and growing their businesses. Thousands of American businesses are turning to this resource because financing remains a formidable challenge. However, many misconceptions exist about these (more…)
In future enewsletters, we may talk about the state of community banking and the slope of our economic recovery and the white waters ahead for certain central Maryland industries. But those topics, we are fairly confident, will still be there in the weeks and months ahead. This month, we want to launch our enewsletter by taking advantage of something that only happens every four years.
Many of us have just finished long late evenings filled with vicarious living as we watched the 2012 Summer Olympics – albeit on a time delayed basis. We know that the Olympics have been around and have honored (more…)
Traditionally, Banks have been supportive partners for their customers because they help business owners grow their businesses. One example of this support is when Banks provide businesses with the funds needed to support working capital and buy assets. In today’s tenuous economy, it has become quite clear that securing financing can be a challenge. For many, it may feel as though going through the loan process may not even be worth it. The combination (more…)
Financing small and medium sized enterprises (SME’s) has become a very popular topic- right up there on some days with health care reform and Wikipedia leaks. But not unlike all the CNN vs. Fox debates, blogs, Facebook postings and Tweets on the pros and cons of whether inflation or deflation will hurt our children’s future more and whether short term stimulus deficit spending is better or worse than long term entitlement hole plugging, there is much sound and (more…)
Welcome to Marylandbankingblog.com, our new blog site that we hope helps you feel connected and engaged with Howard Bank. While my initial post will start with an update on the bank and observations on the economy, other Howard bankers and local advisors will add their advice, perspectives and views through subsequent posts. Finally, we hope to hear your thoughts as well and respond to your suggestions for what you want to know more about and see more of. I will start with some observations on success.
Malcolm Gladwell has written a string of best sellers based on finding the common patterns in success stories – whether it be the importance of networking (more…)