Business Administration & Management Mr. Bernstein Services Banks Provide to Businesses, pp May 18, 2015
Business Administration & Management Mr. Bernstein Services Offered by Banks Savings and Checking accounts Safe Deposit Boxes Automated Bill Paying Investment Products, from CDs to Mutual Funds Payroll and Tax Preparation Service Accounting Software Mortgages Credit Cards Insurance Products Loans 2
Business Administration & Management Mr. Bernstein Types of Loans Term Loans Secured (Collateralized) Loans Lines of Credit Lease Financing Floating Rate Loans SBA Loans (Small Businesses only) 3
Business Administration & Management Mr. Bernstein Types of Loans Why Floaters? 10-Year US Treasury Notes 4