Strategy Meets Finance How to Better Secure Commercial Bank Lending With Darrell Lomelino | Ep 22
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Have you ever wondered what goes on behind the curtain when banks are deciding whether to approve a business loan? Commercial lending, which includes secured and unsecured credits to businesses for growth and working capital purposes, is not as mysterious as it appears. In this episode I talk with Darrell Lomelino, SVP at Keybank, about the quantitative and qualitative factors that lead to banks issuing credit to companies. Understanding how banks look at a company and its financial position, will empower you to pinpoint the areas of the business that need improvement and act accordingly to drive greater value and secure the credit needed to thrive.
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