Internal and external audits and creating a culture of compliance, where doing the right thing, and speaking up about errors and omissions so they can be proactively corrected help establish the right environment for banking.
There’s no official word on who coined the term, “The bigger they are, the harder they fall,” but it certainly seems to apply to “unicorn” businesses as of late.
As economists predict the Fed will lower rates in the second quarter of this year, it’s a great time to take advantage of a variable-rate loan such as a line of credit.