A fractional CFO can help clients improve cash flow and financial documentation, which benefits both the business and its bankers. Better financials lead to higher deposits and easier access to funding.
Chapters
What's in it for a banker is an example to tee up a lead for you. Yeah, so like I said, if we can come in and create cash flow in their business, in their clients business, that's going to create greater deposits. And especially in this economy, deposits are running a premium. So that's 1, 2. We can come in and help get funding for businesses so where their client may not have really solid financials, both historically and no clear picture of the future. We're able to come in and create, you know, the cash flow forecast cast and be able to provide some necessary documentation, narrative creation, things like that. That could really help for a business who needs funding, move it to the next stage for them to be able to feel really comfortable with taking their credit request or their opportunity memo or whatever it is and putting it on the credit team's desk.