Hannah Naylor

Am I better off borrowing with the same bank or should I cultivate relationships with several banking institutions?

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1 Answer

Deborah Vella

It depends on what you are trying to achieve. With an ongoing business relationship, your bank may be able to assist you in different ways. However be careful of cross-collateralisation. On the other hand, with borrowing with different banks you may be seen more about the numbers.

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