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Investing in business growth in times of economic uncertainty

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Currently, the biggest challenge to business growth is planning for the economic downturn caused by the COVID-19 pandemic.

Given this state of uncertainty, two things become imperative when looking for a bank: experienced bankers and knowing when to capitalize on growth.

Cadence Bank’s expertise and strategic advice, combined with the right business growth engines, can help you survive and even thrive in times of economic uncertainty.

Cadence commercial bankers are experienced in helping companies identify ways to successfully finance growth while supporting a healthy bottom line, helping clients improve their cash cycle and obtain the capital they need to operate. . In addition to general sector banking experts, Cadence has specialist bankers in the commercial real estate, energy, restaurant, healthcare and technology sectors, bringing deep experience and business advice. experts to customers.

Whether you need financing for equipment, working capital, acquisition financing, cash/cash management, or fraud protection, Cadence can help. Experienced advisors bring a deep level of expertise that helps businesses grow and operate more efficiently, which is especially important in today’s environment as agility is imperative.

It is also essential that you work with a local bank where you can build a strong relationship with your commercial banking team that meets your needs. Cadence bankers live in the communities they serve, so they know local market conditions that can positively or negatively impact growth plans.

Most mid-market companies appreciate the personal relationship and the ability to easily talk to their banker. It’s important to have an in-depth conversation before you do anything – to discuss what could be right or wrong, how to properly structure debt and more. That’s what Cadence does to deliver meaningful value.

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 business financing as well as technology tools, like banking services, that help increase employee efficiency and lower your overhead.

Cadence’s knowledgeable, relationship-oriented bankers offer industry expertise along with a comprehensive selection of commercial lending products at competitive rates. Cadence’s commercial lending products include term loans, working capital loans, lines of credit, acquisition loans, asset-based loans and construction loans.

Business growth requires effective financial procedures designed to improve cash flow and maximize return on excess capital. Cadence’s cash management solutions such as receivables management, debt management, online banking (with single sign-on access to all of the bank’s cash management solutions) and fraud prevention help you help manage cash while streamlining payment and collection processes.

Cadence welcomes the opportunity to discuss with you the company’s growth goals and the financial solutions and growth drivers that can help you achieve them.

For more information, visit https://cadencebank.com/commercial/houstoncommercial or call (713) 871-4192.