Canandaigua National Bank & Trust

Bank credit: is it growing, and where’s it going?

Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit

Here's What You Need to Look For to Make Sure You're Not Being Scammed at the ATM

Mortgage Loans: Stick With A Bank Or Go With A Broker?

It matters where you go for a mortgage. Who offers a better deal — a banker or broker?

Is a personal loan for you?

Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them.

Tips for a successful Youth Month Savings Challenge

There’s less than two months to go until National Credit Union Youth Month™, when credit unions from coast to coast will urge kids to “Give a Hoot About Savings” and discover the life-changing power of credit union membership. As your celebration planning gets underway, don’t forget about one of the most powerful business development opportunities …

What Is the Difference Between a Bank and a Credit Union?

Labeled as profit mongers who invent outrageous fees and give mediocre customer service, banks have not made a good impression on consumers. As a result, many of us end up looking for alternatives.…

Non-bank loans: quick, easy...and addictive?

Alternative lenders are gaining traction and handing out billions of dollars in loans to small business owners. But it could come at a cost.

8 Steps In Securing A Bank Loan To Fund Your Startup

A common question I get is "How do I get a bank loan to fund my startup?" The default answer is that it probably won't happen, because most banks just...

Things You Should Expect Your Mortgage Banker to Ask You

Five things you can plan on discussing with your mortgage banker. Take it from us, we do this every day.

Seven Benefits of a Jewelry Equity Loan Over a Bank Loan

Why sell your jewelry or seek a traditional loan, when you can get a loan on the jewelry you already have? Discover the benefits of Diamond Banc today.

Invoice factoring vs. bank loans: Which cash flow boost do I need?

When your business needs cash flow, you might be looking at invoice factoring vs. bank loans. Know these 16 benefits of factoring first.

Funding A Startup When Bank Loans Aren't Possible

There are alternative ways to fund your business start-up when it is not possible to secure a bank loan, but consider the costs and risks of each option.

What If You COULD Get That Bank Loan?

A new tool helps micro entrepreneurs overcome the biggest barrier to accessing capital from major financial institutions

Why Be a Broker When You Can Be a Mortgage Banker?

The rise of digital mortgages and increasing lender consolidation are just two reasons mortgage brokers should make the transition to mortgage banking sooner rather than later.

Can’t Get a Bank Loan? The Alternatives Are Expanding

New alternative lenders are offering a path between banks, which lend primarily to the most creditworthy small businesses, and cash advance lenders, which thrive on subprime candidates.

Want a bank loan? You had better be prepared

Prepare a loan package consisting of your personal financial statement, the past three years of tax returns, detailed total project costs, your business plan and financial projections with the underlying

Is Your Bank’s Loan Review Good Enough?

This article takes a look at the essential elements of a modern loan review.

What Does a Mortgage Banker Do?

A mortgage banker originates, funds and can service mortgage loans. Let's break down their services, responsibilities and how to hire one.

Bank loan document is standard form, right?

Question<br>Hi Jen,<br>Happy August! I am taking a loan for my practice from BOA and I received my loan document. Should I send it over or can I just sign it since its probably a standard form, right?<br>Thanks,<br>Answer:<br>The Loan document you received is a form, but also not. The basic construct (without seeing what you were sent) is likely the same as what the bank uses for everyone but with your details in it. And, the devil is always…

Need a Bank Loan? The 3 Big Obstacles for Small-Business Owners.

Banks are still struggling to return to the small-business market Here's what you need to know.