September 30, 2011

Commercial Lending: Adding Value to West Michigan Businesses

Small businesses are the backbone of our economy and LMCU’s commercial lending team (formed one year ago) is helping deliver value and exceptional service to many satisfied businesses in West Michigan.

“We’re ecstatic about partnering with Lake Michigan Credit Union’s commercial team,” said Dan Verstraete, from River City Flooring in Hudsonville. “We were looking for a professional financial institution to work with and LMCU delivers. Jim Maskell and Julie Leavenworth are competent and patient and make sure we understand exactly what is available to us," Verstraete continued. In addition to term-notes, River City has their Health Savings Accounts (HSAs) at LMCU and is looking at a line of credit and some building financing.

“We conducted a thorough search for a banking partner and the experience we have had with LMCU has been outstanding. I’m glad we can work with LMCU on the personal and business side,” Verstraete concluded.

If you own or work for a small to medium sized business, and would like to discover the value LMCU has to offer, please call Mark Hoffhines, Sr. Vice President of Commercial Lending at (616) 234-6352.