The newest challenge to present itself, and the hot topic for discussion at the moment, are trade tariffs enacted by the current administration. As tariffs pertain to CRE, the most immediate impact is escalating construction costs and the potential for new supply chain disruptions contributing to overall uncertainty in the near-term.
Ensuring you’re working with the right business partner is a key to having a successful business and economic prosperity.
First Bank’s Jeff Thornhill, Senior Vice President/Director of Real Estate Technical Services, discusses purchasing commercial real estate and the appraisal process.
First Bank’s Maria Hunter, Commercial Relationship Manager, explains the “Five C’s of Credit” when applying for a business loan.
A critical aspect of the longevity of a family business is selecting and preparing the next-generation leader.
Read how facing the challenges of growth and adjusting accordingly, plays a key role in the success of your business.
Read how having an exit strategy in place before you decide to sell your business is as important as the plan to keep it running and profitable.