GSB Newsroom
January 07, 2025
Securing financing for non-owner-occupied commercial real estate (CRE) hinges on understanding the fundamental elements that lenders scrutinize. Properties designated for investment or rental purposes pose unique challenges and opportunities, prompting lenders to impose stricter criteria for funding. By understanding these key factors, investors and industry professionals can better prepare to meet loan requirements and secure favorable terms.
January 02, 2025
Artificial Intelligence (AI) has rapidly become an integral part of our lives, permeating various industries and transforming the way we interact with technology. The banking sector, too, is experiencing a wave of AI-driven innovation. Let’s explore how AI has been utilized in multiple industries, its current applications in banking, emerging trends, and the concerns […]
December 30, 2024
Selecting a banking partner isn't just about choosing the best business bank account; it's about finding a relationship that can help steer your manufacturing business toward sustainable growth. Here are some considerations to take into account when searching for the right-fitting banking partner for your business needs.
December 23, 2024
In the manufacturing industry, having quick access to funds can be the difference between seizing an opportunity or watching it pass by. As manufacturers strive for greater efficiency and market resilience, leveraging a business line of credit becomes a strategic financial tool. This article explores how business lines of credit can empower manufacturing businesses to manage supply chain disruptions, scale production, and maintain operational continuity.
December 23, 2024
In the world of manufacturing, keeping a steady flow of cash is important for business success and growth. Manufacturing companies can sometimes find this challenging because their operations are complex, and demand can fluctuate a lot. In this article, we'll discuss some essential strategies for managing cash flow, especially for manufacturing businesses, that can help them succeed even when the economy is uncertain.
December 19, 2024
As manufacturing facilities strive to stay competitive, meet rising demands, and incorporate cutting-edge technology, expansion becomes inevitable. Whether it involves upgrading equipment, expanding physical space, or increasing workforce capabilities, expansion requires significant financial investment. In this article, we will review the top financing solutions available to manufacturing facilities, enabling them to expand efficiently and sustainably.
December 19, 2024
When the Federal Reserve, often called "the Fed," changes its rates, it can impact not just banks, but everyone who uses them - including regular people. However, how much these changes affect the interest rates you pay is not always a clear case of cause-and-effect. In this article we’ll help you understand how federal interest rate changes might influence consumer interest rates.
December 17, 2024
Manufacturing companies often face the challenging task of managing seasonal demand. Whether it’s snow gear facing a surge in winter or grilling equipment popular in summer, manufacturers must develop effective strategies for managing seasonal production needs to successfully meet these demands.
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