Business Banking 101

Everything You Ever Wanted to Know About Getting a Bank Loan
4.8 (2 ratings)
Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
124 students enrolled
Instructed by Bruce Tretzen Business / Finance
40% off
Take This Course
  • Lectures 14
  • Length 1.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works


Find online courses made by experts from around the world.


Take your courses with you and learn anywhere, anytime.


Learn and practice real-world skills and achieve your goals.

About This Course

Published 4/2015 English

Course Description

"Business Banking 101, everything you ever wanted to know about betting a bank loan" is designed as a road map for anyone tasked with securing bank financing for a business. Your instructor, Bruce Tretzen, has been in the commercial lending industry since 1999 and currently works as a business banker in Seattle. He has created this course based on real-life experiences working with business clients.

This course gives insight into what banks look for and how to increase your odds of being approved for a bank loan. These tips, tricks, and resources will help a business owner analyze their financial condition prior meeting with a bank. You will even learn how to choose the right bank to fit your business needs.

At the end of this course you will know how to present your loan request to a bank in a clear concise way. You will impress your banker by giving them the financial information they want before even asking for it. In addition, you will know how to negotiate for the best possible rate and terms.

If you are a business owner, accountant, CPA or consultant, this course will expand you business banking knowledge as you learn the secrets of business banking. This course is especially valuable to new business owners who have never applied for a business loan from a bank. Or perhaps you are thinking about starting a business and wonder if you even qualify for a bank loan. You will even learn about options available if your loan request is denied.

I invite you to step inside my classroom and learn how to negotiate like a business banker.

What are the requirements?

  • I have produced this course in a way to be easily understood by anyone with a basic understanding of business in the United States. I speak in plain English with no confusing banking terms. Basic familiarity of various types of business loans and accounting would be helpful as well.

What am I going to get from this course?

  • Choose the right bank for your business and learn techniques to improve your chances of being approved for a business loan. You will also learn the secrets of a bank's loan approval process and tips for presenting your company in the best possible way to a bank. You will also be given tools for assessing the financial health of your business in the same way a bank does.

Who is the target audience?

  • • This course is geared toward business owners, accountants, consultants, or anyone tasked with attaining a business loan from a bank. This is also a great course for new business owners or those considering starting a business and will be seeking financing from a bank, especially if you have never approached a bank for a business loan before.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Choosing a Bank
Choosing a Bank
Section 2: The Application Process
The Application Process
List of Financial Information
Debt Schedule
Personal Financial Statement
Section 3: Loan Options
Loan Options
SBA Loan Options Sheet
Section 4: The "3 C's" of Credit
The "3 C's" of Credit
Section 5: Financial Covenants, Ratios, and Reporting
Financial Covenants, Ratios, and Reporting
Ratio Calculation Spreadsheet
Ratio Cheat Sheet
Section 6: Tools for Improving your Chances
Tools for Improving your Chances
Section 7: Negotiating Rates and Terms
Negotiating Rates and Terms
Section 8: What if They Say No?
What if They Say No?

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Bruce Tretzen, Vice President, Business Banker

I am a Seattle native and University of Washington graduate with a degree in business and finance. I began my career as an accountant for a local computer manufacturer, then moved on as controller for a heavy construction company. From there I took on the role of accounting and IT manager for an event production company. Eventually I left and cofounded a production company of my own with a business partner. After three years I sold my interest in the company to my partner and became an account manager for a privately held asset based lender in Bellevue Washington. This was my first opportunity as a business lender and found it to be extremely rewarding. From there I joined another asset based lender, which was part of a regional bank. That bank was soon acquired by a large national bank and I left to join a large community bank based in Spokane Washington as a commercial banker in Bellevue. After spending nearly 5 years at that bank I moved on to a smaller Seattle based community bank. I currently work for a small business bank located in Seattle.

Over the years it has been my passion to help business owners reach their financial goals and act as an advocate on their behalf. I cherish my role as financial advisor and mentor to start-up businesses and those interested in entering the banking profession.

I sincerely hope you find value in my courses and I wish you much success!

Ready to start learning?
Take This Course