Where should businesses stash cash for safe, easy access? Today’s banks offer various options. Read how Cadence Bank can help you with Liquidity Management.

You want to grow your business. The challenge right now, however, is how to plan for business growth in light of the economic slowdown caused by the coronavirus pandemic. Given this state of uncertainty, two things become imperative:

• You work with a team of bankers with the experience and knowledge to serve as strategic advisors to your business
• You find the appropriate financing vehicle for your particular set of circumstances, so you can be ready to capitalize on growth opportunities when the time is right

Our bankers' expertise and strategic guidance, coupled with the right business growth drivers, can help you survive — and perhaps even flourish — during times of economic uncertainty.

Let’s take a closer look at each.

Choosing the right business bankers

Expertise

At Cadence Bank, our business and commercial bankers are experienced in helping middle-market businesses identify ways to successfully fund growth while supporting a healthy bottom line. In addition to our general industry banking experts, we have bankers specializing in the commercial real estate, energy, restaurant, healthcare and technology industries. Our bankers bring deep experience and expert advice to clients.

“Cadence helps clients improve their cash flow cycle and get the capital they need to operate,” says Teresa Stinson, EVP, Commercial Banking Executive. “We also provide financing to help our customers acquire companies and support growth expansion. Our bankers bring years of experience working with clients across many different industries and through up and down cycles, giving us the perspective necessary to support a business's growth goals and build a long-term relationship.”

Whether you need financing for equipment, working capital, acquisition financing, cash/liquidity management or fraud protection, Cadence can help. Our experienced advisors bring a deep level of expertise that helps middle-market companies grow and operate more efficiently, which is especially important in today's environment when being agile is a business imperative.

Relationships

It’s also vital that you work with a local bank that’s responsive to your needs and where you can build a strong relationship with your business banking team. Cadence bankers live in the communities they serve, so they’re familiar with local market conditions that can impact growth plans, either positively or negatively.

“Most middle-market companies value the personal relationship and the ability to readily talk to their banker,” says Jason Greenway, EVP, Commercial Banking Group Manager. “It's important to them to have an in-depth conversation before they do something—to discuss what could go right, what could go wrong, how to structure the debt properly, etc. That's what we do at Cadence, and that's how we provide meaningful value."

Identifying the right financing vehicles

It’s also important to work with a bank that offers a wide range of financial products and services to support your growth initiatives. This includes commercial financing as well as the technology tools that boost efficiency. For example, using treasury management solutions such as lockbox helps increase employee efficiency and reduces your overhead costs.

Let’s look deeper at the financial and banking solutions we offer to help you meet your long-term business growth goals.

Commercial loan products

Our skilled, relationship-focused bankers provide industry expertise along with a comprehensive selection of commercial loan products with competitive rates. Cadence commercial loan products include:

• Term loans
• Working capital loans
• Lines of credit
• Acquisition loans
• Asset-based loans
• Construction loans

Treasury management services

Business growth requires efficient financial procedures designed to improve cash flow and maximize return on excess capital. Treasury management solutions from Cadence Bank help you manage liquidity while streamlining payment and collection processes. These solutions include:

• Receivables management
• Payables management
• Online banking (with single sign-on access to all of the bank’s treasury management solutions)
• Fraud prevention

Commercial banking services

Cadence Bank’s skilled and experienced commercial banking experts can help you choose the commercial banking services that will support your company’s long-term growth. Cadence commercial banking services include:

• Commercial checking accounts
• Commercial institutional trusts
• Foreign exchange (FX) services
• Retirement and employee benefits

How can we help you?

We welcome the opportunity to talk with you about business growth goals and how our financial solutions and growth drivers can help you reach them. To learn more, visit Cadence Bank’s commercial banking page or contact us today.

This article is provided as a free service to you and is for general informational purposes only. Cadence Bank makes no representations or warranties as to the accuracy, completeness or timeliness of the content in the article. The article is not intended to provide legal, accounting or tax advice and should not be relied upon for such purposes.