Meet The Best Banks And Credit Unions In Each State 2023

When Stacey Marmolejo was looking to expand her music school franchise several years ago, she went to the national bank where she had an account and asked to secure an expansion loan. “I thought my financials and my experience with the bank would be enough,” she says. “But the banker said he didn’t see the second location as an expansion but as an entirely new business, and as such, I needed to come up with 30% of the money needed to open the second location.”