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Understanding the Banker’s Mindset (Part I)

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Manage episode 448420506 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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How do you get inside a banker’s mind to secure a loan for self-storage facilities?
Scott breaks down the intricate dance of lending and the steps borrowers must take to improve their chances of loan approval. He dives into how the current economic climate—elections, inflation, and fluctuating interest rates—affects loan applications and approval times.
Scott also explores different lending sources, from community banks to pension funds, and emphasizes the importance of crafting a detailed business plan to win over lenders.
WHAT TO LISTEN FOR
:59 The Impacts of Interest Rates and Elections on Lending
1:55 Why Banks Avoid Saying “No” Directly
6:15 Can You Get Pre-Approved For a Self Storage Loan?
29:49 Final Projections: Why Good Enough Isn’t Good Enough
Leave a positive rating for this podcast with one click
CONNECT WITH US
Website | You Tube | Facebook | X | LinkedIn | Instagram
Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

  continue reading

Chapters

1. Understanding the Banker’s Mindset (Part I) (00:00:00)

2. The Impacts of Interest Rates and Elections on Lending (00:00:59)

3. Why Banks Avoid Saying “No” Directly (00:01:55)

4. Can You Get Pre-Approved For a Self Storage Loan? (00:06:15)

5. Final Projections: Why Good Enough Isn’t Good Enough (00:22:49)

225 episodes

Artwork
iconShare
 
Manage episode 448420506 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

How do you get inside a banker’s mind to secure a loan for self-storage facilities?
Scott breaks down the intricate dance of lending and the steps borrowers must take to improve their chances of loan approval. He dives into how the current economic climate—elections, inflation, and fluctuating interest rates—affects loan applications and approval times.
Scott also explores different lending sources, from community banks to pension funds, and emphasizes the importance of crafting a detailed business plan to win over lenders.
WHAT TO LISTEN FOR
:59 The Impacts of Interest Rates and Elections on Lending
1:55 Why Banks Avoid Saying “No” Directly
6:15 Can You Get Pre-Approved For a Self Storage Loan?
29:49 Final Projections: Why Good Enough Isn’t Good Enough
Leave a positive rating for this podcast with one click
CONNECT WITH US
Website | You Tube | Facebook | X | LinkedIn | Instagram
Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

  continue reading

Chapters

1. Understanding the Banker’s Mindset (Part I) (00:00:00)

2. The Impacts of Interest Rates and Elections on Lending (00:00:59)

3. Why Banks Avoid Saying “No” Directly (00:01:55)

4. Can You Get Pre-Approved For a Self Storage Loan? (00:06:15)

5. Final Projections: Why Good Enough Isn’t Good Enough (00:22:49)

225 episodes

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