Building a strong relationship with your bank is one of the most important steps in setting your business up for long-term success. Whether you’re opening your first business account or preparing to seek financing, understanding what your financial institution needs—and what you should have in place—can save you time, reduce frustration, and help you make more informed decisions.

In this practical webinar, you’ll gain a clear understanding of what to expect as you begin your banking relationship. We’ll cover the fundamentals of opening a business account, common administrative mistakes that can slow you down, how to prepare for future financing conversations, and why business plans and cash flow projections play such an important role. By understanding these essentials early, you’ll be better equipped to build a productive banking relationship and position your business for growth.

What We’ll Explore

• What you need to open your first business bank account and establish your banking relationship
• Common administrative mistakes new business owners make—and how to avoid them
• How to prepare before applying for business financing
• Why business plans and cash flow projections matter to your bank
• Tips for building a strong banking relationship that supports your business as it grows

About the Speaker 

Gurvinder Singh Toor and Pam Shipra

Relationship Manager, Business Markets | RBC

As dedicated Relationship Managers at RBC, we serve as a strategic advisor to business owners, helping them navigate the financial landscape with confidence.

With expertise in lending solutions, including Canada Small Business Finance programs, operating lines, and term loan, we empower entrepreneurs to secure the capital needed for growth. Beyond financing, we specialize in optimizing cash flow, managing business risk, and leveraging international trade opportunities to expand your reach.

During our conversations, we focus on digital enablement, ensuring your business stays ahead in today’s fast-paced environment. Additionally, I provide work with a team of professionals providing guidance on business owner planning, including succession strategies and exit planning, to safeguard your long-term success.

Whether you’re just starting out or looking to strengthen your banking relationship, I’m here to help you build a resilient and thriving business. Let’s connect and explore how RBC can support your journey.

Please Note

This webinar will be recorded and made available publicly on our YouTube channel.