Robin Roberts: What You Must Know When Negotiating With Banks

BLP Robin | Negotiating With Banks

Negotiating with banks when getting a loan is not only about getting the most rewarding end of the deal. There are a lot of regulations and policies to be considered here after all, and you must be aware of each one to ensure a smooth process. Bob Roark talks with the CEO of Pikes Peak National Bank, Robin Roberts, to delve into the right approach to bank negotiations. She explains why you can’t argue with banks about submitting tax returns and financial statements, delving into why it is not an invasion of privacy. On the other hand, Robin talks about loan covenants – which are negotiable – detailing how you should discuss its specifics with the bank to come up with a satisfying agreement for both parties.