Even if your business is very small, a small business bank values you as a customer.
Details of what form the business bank will take have yet to be revealed.
The government is moving ahead with plans for a government-backed "business bank" to boost lending to UK companies.
But before you judge, answer this question: How has the cell phone improved your life and more importantly, your business bank account ?
Writing to Prime Minister David Cameron and Deputy Prime Minister Nick Clegg, Mr Cable said RBS should be turned into a new "British business bank".
Mr Cable suggested in his speech that the future business bank could work with commercial banks such as the UK's Co-Op, and the British operation of Swedish lender Handelsbanken.
What won't stimulate the economy in the short term is the creation of a Small Business Bank since that will take some time - perhaps 18 months - to set up.
Another option is small business bank accounting.
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At the same time, there has been some press speculation that the business bank may, ultimately, simply be an amalgamation of the current range of government-backed financial support schemes for companies, such as Funding for Lending, Enterprise Capital Funds and the Enterprise Finance Guarantee Scheme.
And if RBS has not provided all the credit it could have done to smaller businesses, that may reflect its position as far and away the biggest small-business bank: if many small businesses currently lack the confidence to invest (which surveys suggest is the case), RBS finds it hardest to disguise that trend.
The reason any of this matters is that what is being sold is largely a small-business bank - almost two-thirds of its loans are to businesses, especially smaller ones - and right now one of the alleged great scandals of the British economy is the great shortage of choice for small businesses in the provision of vital finance.
So after the new bank law went into effect, Mr Wu had a call from a well-informed banker at Macquarie, an Australian bank, asking whether he was interested in Business Development Bank.
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In a statement the bank said the branches which were closing accounted for about 7% of the business the bank conducts in Northern Ireland.
Stephens will probably pick up a trust business and a bank (a business the family got out of 15 years ago).
The mortgage business of Bank of America generates revenues from selling various types of mortgages and loans to customers.
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Conseco, a troubled insurance business, Bank One, which is in the midst of an extensive restructuring, and Oldsmobile, which will soon cease to be a car marque, all have their names on stadiums.
At the same time, financial institutions including big banks with exposure to the mortgage business like Bank of America, JPMorgan Chase, and Citigroup are sitting on a shadow inventory of 1.5 million units, or four months supply.
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Oddly, for a private client business, the bank is setting up call centres in Maastricht and Edinburgh.
In January, some small-business borrowers at Bank of America were asked to repay their credit lines in full.
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It's unclear why Credit Suisse Strategic Partners, the secondary fund business of the bank, pursued the Reijtenbagh venture.
To win mortgage business, the bank is experimenting with a version that has no application, appraisal or other fees.
The technology that we built became the competitive advantage in the corporate and institutional services business at the bank.
According to the Federal Reserve, only about one-third of small-business applications for bank lines of credit were approved in 2009.
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Consumers want to do business with a bank invested in the local community that provides the tools to help them achieve financial freedom.
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Peter Ibbetson, chairman for small business at Royal Bank of Scotland, welcomed the extension of the EFG and said the bank would give it its full support.
Partnership employees such as Shelia Martin, the head of the new bank venture, must go through a locked door into the new office space to work on bank business.
Banks could rightly protest that as long as they are healthy, their dividends are not the regulators' business, but bank regulation is now simply another weapon in the government's arsenal against the credit crunch.
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By 2006 the situation had become so bleak that Mr Ford and Don LeClair, then his finance director, decided to undertake a dramatic refinancing of the business by raising bank loans secured against the company's assets.
It was headed "Notice of Intent to Levy and Notice of Your Right to a Hearing" and warned that the IRS "may take your property, or rights to property, such as real estate, automobiles, business assets, bank accounts, wages, commissions, and other income" -- unless recipients appealed within 30 days.
You need to set up a corporate structure, hire a book keeper, separate the business money from your personal expenses (corporate bank account, business credit card etc.) You should be on top of the financials from day one.
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