Stanley Koopmans, MBASenior VP – Business Banking Sales Manager(608) 849-2778341 W. Cottage Grove Road, Cottage GroveSKoopmans@lakeridge.bank What is your role at the bank? One aspect of my job as Business Banking Sales Manager that I really enjoy is helping clients get the loans they need to grow their businesses, which furthers the bank’s mission of … Read more
A variety of industries rely on equipment to function efficiently and effectively, including: Many business owners and public entities utilize commercial loans to meet a variety of financial needs, but did you realize that banking solutions include both lending and leasing options? When your business needs equipment, it makes sense to look closer at how … Read more
For many business owners, the land, building, equipment and proprietary client list associated with the business become both your income generator and the majority of your net worth. Making your business your primary source of building wealth is effective as long as you also have a plan in place to manage the risks from inflation, … Read more
Repeat or Rhyme? “History doesn’t repeat itself, but it often rhymes” is a quote often attributed to Mark Twain, although there is no actual evidence of him using that statement (it appears that the quote should be attributed to Theodor Reik, a psychoanalyst, who supposedly coined the phrase in 1965). The question here is whether … Read more
With the holiday season around the corner, spending tends to pick up as we shop for gifts, travel, and prepare for celebrations with friends and family. While this time of year can be exciting, it can also become challenging to keep track of your bank account activity. Fortunately, staying on top of your finances doesn’t … Read more
Are Your Business Credit Card Costs Working Against You? For many businesses, a credit card is more than a way to pay everyday expenses. It is a financial tool that can support cash flow, simplify expense tracking, and provide purchasing flexibility. But, if you have not reviewed your business credit card program recently, you could … Read more
Running a business means making decisions every day, often with limited time and competing priorities. While choosing a business banking partner may not be something you think about often, it can have a lasting impact on your business. Your banking partner should make decisions easier, not more complicated. Many financial institutions offer similar products and … Read more
Running a business means managing more than day-to-day operations. It also means managing how your business spends money. As your company grows, so does the number of purchases made on its behalf. Whether it’s office supplies, fuel, travel, software subscriptions, or client expenses, keeping business spending organized becomes increasingly important. A business credit card can … Read more
For many people, the dream of homeownership starts while renting an apartment or home; but when it comes to buying your own home, the decision process is not that simple. The renting vs. buying a home debate depends on several factors such as financial situation, lifestyle goals, career plans, and long-term priorities. With rising house … Read more
As a young adult, many new responsibilities and experiences start happening, such as moving out, starting a job, going to college, paying bills, and managing your own finances. One financial topic that often causes confusion is building credit. Questions like, “How do I build credit?” ,”What is a good credit score?”, and “How do I … Read more
