4 Reasons Your Business Should Think Globally, But Bank Locally
Smart businesses know the benefit of local partners. Whether it’s hiring a plumber for a new high-rise or sourcing a farm for fresh food, businesses choose locally because they know it comes with high-quality service and an individualized focus.
When architecture firm KieranTimberlake was looking for a loan, the owners took a local approach. Despite being involved in dozens of international and national projects (they’re the team behind the U.S. Embassy in London and Dilworth Park), they decided to partner with the oldest and largest bank headquartered in Philadelphia, Beneficial Bank. Beneficial was responsive and offered creative financing options.
Here, KieranTimberlake Architects co-founder, James Timberlake, shares the four reasons he partnered with Beneficial Bank.
Right from the start, Beneficial was on top of it. They looked at our history and came to meet with us several times to better understand our business’ goals. The key players called us personally to tell us how much they were interested in our business.
Like us, Beneficial had an obvious desire to invest in the neighborhood, renovate a historic building, and were committed to the overall success of our business. These three factors alone were enough to make us switch from our prior bank.
Beneficial met our immediate needs with impressive speed. The team understood what an endeavor of this sort really means to a customer and was able to commit quickly and communicate often.
We wanted a partner to invest the time to get to know us and really get to know our business. We were looking for banking professionals to give our business the kind of service we needed.
If you want to see what banking locally can do for your business, talk to Beneficial’s President and CEO, Gerry Cuddy. Through a Beneficial Conversation you’ll see how our knowledge and insights can help your business grow. Contact Gerry at 215-864-6001 or visit one of our 56 local branches.
Beneficial Bank, Member FDIC, is an Equal Housing Lender. All loan products subject to credit approval.This is a paid partnership between Beneficial Bank and Philadelphia Magazine's City/Studio