)%20(2).jpg)
The Profitable Cleaner
Welcome to The Profitable Cleaner Podcast, the #1 podcast in the Cleaning & Facility Maintenance Industry.
The mission of this podcast is simple; to impact Cleaning businesses of all kinds by bringing you captivating interviews, expert insights, and actionable strategies that will elevate your business to new heights.
Bringing you the discussions and knowledge you WANT and the stories and inspiration you need.
We talk about Sales, Technology, Marketing, Operations, Strategy, Leadership, Mindset, Health, GOD and so much more…..
All to unleash the best version of YOU & turn you into a Profitable Owner.
Now, are you ready to Profit?
The Profitable Cleaner
#99 Business credit, Financing, & Power of Regional Banking ft. Eli Stanley
Listen in as we break down the myths of regional banking with Eli Stanley, the Director of Business Banking at Vectra Bank Colorado and Roundtable Leader at our Cleaning Prophets Event. Eli gives us her take on how regional banks are not just surviving but thriving in the current volatile environment and why they should be trusted. She explains how regional banks, while adopting technology, still value personal relationships with their customers, making them approachable and reliable.
Join us as we discuss business credit and financing options and get to grips with bankability and lendability. Eli reveals the ins and outs of establishing business credit, especially for businesses with no credit history, and how to determine the right line of credit for a business. She also offers advice on preparing to apply for funding and understanding the difference between bankability and lendability. You’ll get a fresh perspective on separating personal and business funds, calculating net profit, debt service coverage, and debt-to-income ratio.
In this episode, Ellie doesn't just stop at banking. She shares her insights on succession planning for business owners and the importance of life insurance in covering business debts and expenses in the event of the owner's death. We also get into the world of cryptocurrency, and Elie explains how businesses can benefit from lending opportunities in times of hardship. The episode wraps up with an exploration of the potential of investing in IT and security stocks. Join us for this enlightening discussion!
In this Profitable Cleaner Podcast, you will learn:
- The current state of Regional Baking and how these institutions are thriving and leveraging technology while maintaining personal customer relationships.
- The different options of credit and funding available to businesses and the difference between bankability and lendability.
- The importance of business succession planning and the critical role of life insurance.
- How to navigate and leverage banking and financing systems for the growth and sustainability of your cleaning business
We highly recommend you connect with Eli Stanley and check out Vectra Bank:
Are you looking to accelerate your professional network and cleaning business?
Register for our second event: The Cleaning Prophet$ 2.0 - The Statement. If you’re looking for true transformation, both personally and professionally, and you’re ready to make a STATEMENT about who you are and could become, this is the event for you.
If you're in commercial cleaning and want to increase your sales, become part of our community today and get the best cleaning sales content and data in the industry.
If you enjoyed this podcast, you can help us out immensely by sharing it with a colleague and giving us a rating. We appreciate you!