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Content

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01 Evaluating your business needs

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02 Banks as long-term, strategic partners for your startup

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Credit Default Swaps

Key Takeaways - find a safe haven

  • Assess stability as an indicator of banks' resilience during market turbulence and monitor its evolution
  • Do not put all of your eggs in one basket and diversify your liquidity
  • Follow up on dicussions with banks

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Key Takeaways - Find banks that understand your business and are fully transparent

  • Ask your network and share experiences
  • Discuss credit ratings, hurdle rates for debt financing business with the bank
  • Make sure you are placed with a group of clients that meet your future needs and has startup experience. Focus on future potential for both sides - your company and the bank
  • Challenge the banker's understanding of the volatile startup environment
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Fair Finance Guide

Key Takeaways - See banks as part of your supply chain and value sustainability

  • Highlight your values and compare them with the ESG performance of potential banks
  • Look at the ESG ratings of potential banks
  • Be authentic throughout. Do not greenwash your mission.
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Key Takeaways - Focus on one or two primary banks and add secondary banks for specific niche products

  • Consider current and future needs when selecting primary banks
  • Advisory services from banks can sometimes be free of charge
  • Discuss product portfolio strengths and weaknesses with your network and banks

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Key Takeaways - Account manager skills have a significant impact on the quality of service you receive from your bank.

  • Find a banker who truly cares about your long-term success
  • Your bankers should be strategic sparring partners, not just service partners
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Key Takeaway - Weighing the pros and cons of regional and international banks

  • Thrive with regional banks and include international banks to be prepared when needed
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Key Takeaway - A transparent fee structure is essential

  • Value full transparency and create competition between banks
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03 Summary and ideal banking setup