Describe the Situation:
Petr, a businessman who generates an abundance of referrals to my company, has brought in a gentleman seeking a loan to purchase a tractor and trailer. Petr has witnessed my passion for helping people, who are oftentimes over-looked or denied by other institutions and not willing to negotiate or make exceptions. In addition to loans, Petr has brought his new employees, family, and friends to our bank, as he testifies that we have uncommonly, outstanding service. Petr is a member of the larger community of Europeans that have settled in this particular part of the Shenandoah Valley, their church, First Russian Baptist, 1500 members, many of whom do not speak English. Petr, being bi-lingual, is a great Christian soul, offering to help out with the language barrier in various scenarios throughout everyday life interactions. …show more content…
Ed has his financial relationship with BB&T, which I inquired why he didn’t apply with BB&T. He was approved at BB&T, but Petr felt that BB&T was priced way too high; that they were taking advantage of the fact that Ed had no idea that a 15.9% interest rate was very high. Petr explained that Ed is trying to make more money, in order to do that he needs to buy a truck with a trailer that transports cars. Before the company signs a contract with Ed, proof of ownership of a trailer with inventory trailer must be provided. This is a collaborative negotiating style, Petr and I always want to expire all options before a final
Petr, a businessman who generates an abundance of referrals to my company, has brought in a gentleman seeking a loan to purchase a tractor and trailer. Petr has witnessed my passion for helping people, who are oftentimes over-looked or denied by other institutions and not willing to negotiate or make exceptions. In addition to loans, Petr has brought his new employees, family, and friends to our bank, as he testifies that we have uncommonly, outstanding service. Petr is a member of the larger community of Europeans that have settled in this particular part of the Shenandoah Valley, their church, First Russian Baptist, 1500 members, many of whom do not speak English. Petr, being bi-lingual, is a great Christian soul, offering to help out with the language barrier in various scenarios throughout everyday life interactions. …show more content…
Ed has his financial relationship with BB&T, which I inquired why he didn’t apply with BB&T. He was approved at BB&T, but Petr felt that BB&T was priced way too high; that they were taking advantage of the fact that Ed had no idea that a 15.9% interest rate was very high. Petr explained that Ed is trying to make more money, in order to do that he needs to buy a truck with a trailer that transports cars. Before the company signs a contract with Ed, proof of ownership of a trailer with inventory trailer must be provided. This is a collaborative negotiating style, Petr and I always want to expire all options before a final