Menu

 

Why you can’t let pride get in the way when your company is in trouble

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’s needed.

“You may have some trouble recognizing operational issues or early signs of operating challenges,” says Jorge Visitacion, senior vice president and team leader of the Capital Finance Division at Bridge Bank. “You may not want to admit there is a problem, but you need to recognize the early signs of a company that is in distress. If you don’t, the problem is only going to get worse.”

Why now might be the time to see if exporting could help your bottom line

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report from the Department of Commerce.

Plenty of programs are in place to help companies do even more exporting, says Ralph Barnett, executive vice president and manager of the Real Estate Lending Division at Bridge Bank.

“There is a lot being done at the local level to encourage activity,” Barnett says. “Is there still a level of bureaucracy that has to be learned? Absolutely. But I think there is an ongoing effort to make it easier.”

Residential Real Estate Activity and Trends Plus Economic Indicators

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as investors stepped away from the housing market according to the National Association of Realtors, which reports that sales of existing single-family homes, townhomes, condominiums and co-ops fell 1.7 percent last month. “There was a marked decline in all-cash sales from investors,” said NAR Chief Economist Lawrence Yun.

How to find the right bank that suits your needs

Every bank is going to tell a prospective client that they can serve their needs, but asking the right questions will reveal whether a bank is the right one for your business.

“Banks say they serve all businesses but you need to find one who has experience in your industry, who will share your priorities and focus their resources in areas that are important to you,” says Caroline Harkins, senior vice president and Southern California regional manager at Bridge Bank.

Smart Business spoke with Harkins about the process of choosing a bank.

What your business can do to keep from becoming a victim of fraud

Every time another high-profile company like Target falls victim to fraud, both consumers and businesses scramble to ensure they have safeguards in place to keep it from happening to them.

It’s a tough battle to fight, of course, as criminals are always plotting to find a way around the latest security software and protocols to stay one step ahead of the authorities.

Residential Real Estate Activity and Trends Plus Economic Indicators

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007, when the recession began. Women, on the other hand, recovered all their lost jobs last year. Why is this happening? First, men were hit harder in the recession than women. Second, the jobs that are returning are not the same ones that were lost in crisis. Male-dominated industries like construction and manufacturing accounted for about half of all jobs lost in the downturn, and those positions have been slow to return.

How letters of credit can ease the stress of doing business overseas

Companies that only do three or four international sales a month are often not aware of the various payment mechanisms that are available to them.

“They may not focus on the risks that come with international transactions and how banks can help mitigate those risks,” says Ken Rosenberg, senior vice president and group manager for the International Banking Division at Bridge Bank.

Smart Business spoke with Rosenberg about letters of credit and the value they can provide in protecting companies engaged in international commerce.

Pages

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report...

Banks are increasing commercial real estate (CRE) loans at a rate...

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as...

A new bill signed into law on Sept. 19,...

Every bank is going to tell a prospective client that they can serve their needs, but asking the right questions...

It doesn’t have to be a total loss when the bank turns down your request for a loan to expand your business. When...

Every time another high-profile company like Target falls victim to fraud, both consumers and businesses scramble to...

Investment volume registers above historical quarterly average ($3.8B) at $7.1 billion. The Silicon Valley continues...

Recent News

10/28/14
San Jose, CA – October 28, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/16/14
Conference Call and Webcast Scheduled for Thursday, October 16, 2014 at 5:00 p.m....
10/14/14
San Jose, CA – October 14, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/02/14
San Jose, CA – October 02, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/01/14
Bridge Bank's Holding Company Admitted to the Sandler O'Neill Sm-All Stars Class of...
09/03/14
San Jose, CA – September 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...
07/24/14
San Jose, CA – July 24, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
07/22/14
Conference Call and Webcast Scheduled for Tuesday, July 22, 2014 at 5:00 p.m....
San Jose Mercury News
06/26/14
The award is a donation from Bridge Bank and Heritage Bank. Mr. Science makes a...

Twitter

Featured Insights

Featured Insight

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

Featured Insight

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report...

Featured Insight

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as...

Recent News

Banks are increasing commercial real estate (CRE) loans at a rate...

A new bill signed into law on Sept. 19,...

Twitter

  • There is a learning curve when it comes to exporting, but it may ultimately help your business' bottom line: http://t.co/0tFhJViF0q 17 hours 24 min ago
  • RT @Inc 20 Ways to Reward Your Employees Without Spending a Dime http://t.co/5RSFL6RjB1 @LollyDaskal 20 hours 24 min ago
  • It’s not a sign of weakness to admit that your company is having trouble meeting financial obligations: http://t.co/h0YGLuj75n 2 days 17 hours ago