The Commercial Printer who saw opportunity and needed a way to seize it.
Challenge: The leadership in this printing company, saw opportunity for growth and profitability all around them. They needed a way to get their high operating costs in check, but still free up enough cash to take advantage of a growing local economy. They talked to other banks and lending resources, but came away with only rigid solutions that didn’t give them the flexibility they needed to grow.
Then, they were introduced to State Bank.
The State Bank Solution:
State bank provided SLED Credit line and created:
- Immediate access to cash
- Funds to purchase special equipment
- More flexible financing terms
Results: This company leveraged their relationship with State Bank, and their SLED financing got all the equipment needed to grow and bring in more revenue than ever before.