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For local small businesses, financing can accelerate growth

When a successful, five-person construction company wanted to take its operation to the next level, a move that would let it bid on larger projects and double its employee roster, the owner was faced with a familiar cash flow challenge: How to pay for labor and materials up front, while awaiting payment that would come after project completion. ....

Mike Fredlund , Peoples Bank Commercial Market Leader For Island , Peoples Bank , Small Business Administration , Commercial Market Leader ,

For local small businesses, financing can accelerate growth

When a successful, five-person construction company wanted to take its operation to the next level, a move that would let it bid on larger projects and double its employee roster, the owner was faced with a familiar cash flow challenge: How to pay for labor and materials up front, while awaiting payment that would come after project completion. ....

Mike Fredlund , Peoples Bank Commercial Market Leader For Island , Small Business Administration , Peoples Bank , Commercial Market Leader ,