Ask Questions About Credit Unions Feel Stymied By Lending Limitations

After five years as a personal trainer, Nick Irons was ready in 2010 to open his own fitness studio in Bethesda. His search for financing took him from behemoth HSBC to community lender EagleBank. Problem was every bank he approached turned him down. ¶ Irons was bewildered. ¶ “My business was successful before I decided to open a studio, but most banks looked at it as if it were a brand new start-up, not an extension of an existing business,” he said.

Topics:  nick irons   bethesda   hsbc   eaglebank   read   i   irons   years   open   
BING NEWS:
  • Credit union vs. bank: Which is best for you?
    But when looking for full-service options, many still flock to banks and credit unions. Nearly 4,700 federally insured U.S. banks were in operation at the end of the 2023 first quarter ...
    04/8/2024 - 5:32 am | View Link
  • Best Credit Unions of 2024
    See how we rate banking products to write unbiased product reviews. Credit unions are not-for-profit businesses that require you to become a member to keep your money with the institution.
    04/4/2024 - 10:09 am | View Link
  • The Best Credit Unions for April 2024
    However, because credit unions pool their resources for members’ benefit, they often offer better savings rates and perks than big banks. For instance, Credit Union 1 recently raised its high ...
    04/2/2024 - 12:59 pm | View Link
  • Best Credit Unions For Business Accounts Of April 2024
    Commissions do not affect our editors' opinions or evaluations. Credit unions are worth considering when you need to open a business account. They often charge fewer fees than traditional banks ...
    04/1/2024 - 11:49 am | View Link
  • Considering borrowing money? Here are 4 of the best personal loans offered by credit unions
    You can even get a personal loan from some credit unions. Below, Select rounded up four of the best personal loans offered by credit unions. When compiling our list of the best personal loans ...
    03/31/2024 - 8:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News