Is It Time To Start A New Project?

We are assisting many customers as they expand and build their businesses. From South Texas to Colorado - with Oklahoma and Kansas in between - we are providing new financing for healthcare projects, acquisitions, business expansions, real estate projects and residential mortgages. We also recently enhanced our treasury services platform to simplify control of your cash flow and working capital. So as you consider opportunities for your business that could require additional capital or efficient capital management, give your Bank SNB banker a call. We can help.

This continues to be an uncertain market - one where your banker can serve as a trusted sounding board while you consider various opportunities. The Fed once again expressed uncertainty regarding the direction of interest rates. Fed Chairwoman Yellen recently cited "vulnerabilities in the global economy" as one of the primary reasons interst rates haven't increased.

However, interest rates should not be the only reason you start or delay a project. Any project or business expansion should be based on your assessment of basic fundamentals. Does market demand require expansion or new equipment that will endure long after the investment is made? Is your sales staff ready to deliver more customers who can and will pay for your products? Does your required return on investment justify the cash outlay? Have you analyzed the other legal, tax, political, environmental or business risks? Is your supply chain capable of handling increased demand? Do you have the workforce necessary to manage the expansion? These are some of the questions you should ask yourself before starting a new project. You should also be prepared to discuss these issues with your banker. At Bank SNB, our bankers are prepared to help you consider these issues and come to a successful conclusion.

We can help you bank successfully if you Bank SNB.


On The Mark was written by Bank SNB President and CEO Mark Funke.