Financial Cents | Arizona's Financial Podcast

What is a 501(c)(3) organization and how can a nonprofit obtain that status? What bank accounts and financial tools and accounts do nonprofits need? And why do nonprofits need a board of directors and what goes into serving on one? With nonprofits playing such a vital role in our community and economy, 

In this episode of Financial Cents, Melissa Steimer, CEO of the nonprofit Gabriel’s Angels, joins Pamela Keefe, vice president, non...

How does fraud impact small businesses? What are the most common types of business fraud? And how can a business owner protect their business from fraud? With business fraud on the rise, it’s becoming not a matter of if a business will be impacted – but when.

In this episode of Financial Cents, Katherine Cobb, senior vice president, manager of the Cybersecurity Operations Center at Zions Bancorporation, joins host Brent Ca...

What’s the difference between a bank and a credit union? What are questions to ask a bank when deciding to open a new business account? Though deciding which bank is right for your business may feel overwhelming, it doesn’t have to be if you know what to look for and understand how a bank can help your business grow and thrive.

In this episode of Financial Cents, Tom Kaupie, senior vice president and regional commercial manager, joi...

Will Arizona run out of water? With Arizona in tier 2A of water cuts from the Colorado River, water shortages in the state are a big concern. However, the Colorado River is not the only source of water that Arizona has. 

To discuss Arizona’s water sources and usage, host Brent Cannon, executive vice president and director of community banking, sits down with two members of the National Bank of Arizona Agribusiness Banking team, Matt...

The Arizona agricultural industry is vital to the economy not only locally, but also worldwide. With Colorado River water shortage and rising concerns of climate change, how do we sustain this $23 billion industry that supports over 138,000 jobs?

In this episode of Financial Cents, Brent Cannon sits down with two members of the National Bank of Arizona Agribusiness team, Matt Eyrich, senior vice president – regional commer...

Being a business owner is hard. For some minority groups it’s even harder when getting access to capital has been a challenge. At National Bank of Arizona, we’re providing greater equity for women, minority, veteran, and LGBTQ business owners through our Small Business Diversity Banking Program.

In this episode of Financial Cents, Brent Cannon, EVP and director of community banking, and Chris Sarver, VP and business bankin...

The current U.S. inflation rate is on the rise. What is causing inflation? How long will it last? How is this affecting the cost of living? 

In this episode of Financial Cents, Brent Cannon and Anthony Valeri, director of investment management at Zions Bancorporation, discuss what causes inflation and answers questions about the current inflation, rising cost of living, and even how it affects your retirement.

Fin...

What does the upcoming interest rate increases by the Federal Reserve mean for the Arizona housing market? How is inflation impacting housing trends? What can we anticipate for residential real estate in the coming months and years as we continue to navigate through the economic impacts of the pandemic? And, perhaps most importantly of all, what does this mean for you?

We’re kicking off our second season of Financial Cents by doing ...

So, you’ve built and ran a successful family business, but now it’s time pass it along to the kids or another family member to let them take a crack at it. The question is: how did you get here, and what do you do now? As daunting as planning the eventual sale or transfer of your business may seem, especially when considering that 8 out of 10 businesses never sell, succession planning is something that you can start on day one. Wit...

You’ve heard the old saying before: “Failing to plan is planning to fail.” And while that little phrase may make for a great motivational poster, developing a usable, practical plan can be a difficult and overwhelming process for small businesses and nonprofits who don’t always have the time or resources to plan strategically.

That’s why we turned to Dr. Carol Poore, a strategic planning expert, in this episode of Financia...

What is a home equity line of credit (HELOC), and how does it work? Is a home equity line of credit the same as a home equity loan or a mortgage? How can I obtain a home equity line of credit*? And finally, what are the best ways to use a home equity line of credit? Though it all may sound confusing, a home equity line of credit is actually quite simple and it can be a powerful tool to have in your financial toolbox.

In this episode...

What does a business need to do if they want to import goods from another country or export goods they produce? How can a bank facilitate imports and exports for Arizona businesses? And finally, who are Arizona’s largest trading partners, and how can businesses leverage that? While doing business across international borders may seem complicated, it doesn’t have to be. 

In this episode of Financial Cents, Brent Cannon, exe...

How can small businesses obtain Paycheck Protection Program loans? How are 2021 PPP loans different than last year’s round of loans? And perhaps most importantly, what can small businesses do after they obtain funding to ensure PPP loan forgiveness? With a new round of PPP funding available to eligible businesses, many small businesses likely have lots of questions about how the program works.

That's why Brent Cannon,...

How much should small businesses borrow? How much business debt is too much? Borrowing may not be the best option for you or your small business. In this episode, two long-time bankers who have worked with numerous small businesses throughout Arizona explain that just because you can borrow, doesn’t mean you should. Business loans don't always lead to business growth, and in this episode, John and Brent explain why with real s...

What is an SBA loan? Who can apply for one? Is an SBA loan more expensive than other options? National Bank of Arizona is highly ranked by the Small Business Administration and proud to be an SBA preferred lender, increasing SBA Loans 272% in 2018.  We sit down with John Lewis, SVP, business banking regional manager at National Bank of Arizona, and ask him what is fact and what is a myth when it comes to SBA loans. 

“Over the years,...

How do I sell my business? What steps do I need to take to retire from my small business? We’ve got three tips for you to consider. Our guest this episode is Jason Gove, vice president at National Bank of Arizona. He gives three tips to business owners looking to sell, exit or retire from their business. Brent Cannon, EVP, director of community banking is your host for Financial Cents, Arizona’s Financial Podcast.  

On this podcast...

What is commercial real estate, and how is different than residential real estate? What kind of properties can be financed with commercial real estate loans? What types of commercial real estate loans are available? How do you get started with investing in commercial real estate? For those looking to start their real estate investment journey, commercial real estate offers a wide array of property types and sizes, from the single-t...

What is cash flow, and why is it so important to any small business? What are some cash flow management techniques? How do cash flow problems arise? What is treasury management and how can it help? For most small business owners, these can be very important questions, though may not always get the attention they deserve. Because the truth is, most small businesses don’t have the benefit of a chief financial officer, treasurer or an...

If you’ve been dreaming of building or remodeling your dream home, there can be a lot of financial considerations: what’s the best way to secure a construction loan? What do you do if you’re looking to sell the property you currently live in before moving into the new home being built? What happens with your construction loan once the new home is built and you’re ready to move in? There’s a lot to consider, and we’d certainly under...