How to develop the best business relationship with banks
Financing every business is very important. It depends on what payment terms you will be able to approve your customers and what payment terms you will be able to accept from your suppliers, how much you will be able to reduce your procurement costs
and ensure optimal day-to-day liquidity. Financing becomes even more important when it comes to further developing your business. In addition to just financing growth into new markets, you also need other banking products. This training is fully
tailored to the needs of SMEs and will teach you in a very simple and understandable way how to use all financial services relevant to your business and how to best interact with banks for your own benefit.
What does this training bring to you?
This training will bring you to better understanding of banking products and how to make the most of them in your business, both to grow and secure it financially. You will gain better understanding of what is important to banks when assessing creditworthiness
and how to use that to achieve the best possible conditions in cooperation with them. You will learn how to communicate with banks in most efficient way and achieve the best outcome.
It is designed for?
This training is intended for owners and managers of SMEs who already have established business relationships with banks, use a wider range of services beyond just payment transactions and want to improve them in order to have better conditions and
lower costs.
It is also intended for those who are just planning to set up and start using other banking services besides payment transactions.
Training content
Estimated duration of this one-day training, is 6 classes, divided into 3 blocks. All materials used by the participants are obtained in printed and electronic form. Training takes place in small groups of up to 16 participants in a comfortable and
technically fully equipped space.
Training content:
Overview of the banking sector in Serbia
Overview of basic services banks offer to corporate clients
Payments
FX trade (spot and forward)
Deposits
Letters of credit and guarantees
Tender guarantees, performance bonds and retention guarantees
Loans
Investment loans and refinancing loans
Liquidity and working capital loans
Project financing
Factoring and forfeiting
Leasing
How do banks evaluate credit risk and what is important to them?
How to organize and conduct communication with banks for the best outcome?