Monthly Archives: September 2014

Choosing between indirect and direct lending

Though a fairly narrow specialty, there are two types of lenders in home improvement financing. The majority by volume are indirect lenders, a list of banks and finance companies that includes Medallion Bank. The majority by numbers are direct lenders. Direct lending is what most people think of when talking about lending. A direct lender works directly […]

The Importance of Sales Support

Guest post by Clellena Owens, Sales Operations Specialist at Medallion Bank Effective sales support can really help build strong business relationships and increase your company’s reputation within the industry. Customers talk and a lot of today’s business is built on word-of-mouth or direct referrals. The last thing that you want to hear people say is […]

4 Tips when Changing Business Specialties

It’s inevitable that you’ll be tempted to take your business in a new direction someday. This may be a minor change or a substantial shift. For example, we’re hearing more and more about roofing contractors that are considering metal roofing as part of their product mix. Some are completely restructuring their business model around this […]

What’s really going to happen with interest rates?

Well, in short…they’ll go up. But that’s the obvious answer. There’s a lot more to discuss. If you pay attention to the business or economics articles in the news, everything seems to be about the Fed. When will they raise rates? How will they exit QE3? Will the market tank because of it? Should the […]