Tag: transactions
-
Deciphering the Abbreviations and Terms on Your Bank Statements
Posted On: September 15, 2021 by Falcon National Bank in: Manage your Business | Business Banking, Your Financial Life | Personal Banking
As more and more banking options are available online, fewer and fewer people choose to receive paper bank statements every month, for businesses or those with multiple bank accounts, however, these statements are important to managing finances. Unfortunately, these statements are not always simple to read and understand. Some banks tend to include vague, misleading, or complicated information and sometimes even hidden fees. It might even feel like there is a secret banking language that...
Read More -
Navigating Banking Issues as a Small Business
Posted On: January 13, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Small business owners often report that cash flow and reoccurring business costs are their top two financial challenges. Guidant Financial reports that in a 2019 Small Business Trends report, 33 percent of small business owners cited a lack of cash flow as their greatest business challenge. When it comes to banking, there are plenty of obstacles for small businesses. As a rule, most banking issues are harder to overcome for small businesses than larger ones. Here are some of the most common issues...
Read More