When Total Foundations was founded in 1998, it was just a small startup in Romulus, Michigan. But the company has since expanded its operations with Comerica Bank's assistance. The specialty contractor drills large-diameter shafts needed for the power industry, cellular towers, commercial building foundations, earth retention and more.
Comerica Bank has been with Total Foundations from the beginning, first as the contractor's business-banking provider. But beyond that, as the Leading Bank for Business*, our community bankers also pride themselves on helping small business owners improve working capital, optimize investment activities, achieve positive business cash flow and, ultimately, expand operating activities. That is why Comerica Bank and Total Foundations were such a great fit. They had the vision, drive, and goods and services to be highly successful in their field, and we had the means to help them improve their cash inflow and optimize their business cash flow management at different stages of growth.
"Comerica has many more services than I ever imagined," Hanson Bratton, President and CEO of Total Foundations, said. "We've grown in the past 20 years quite a bit, and Comerica has been able to provide means of helping with cash flow issues, and also capital, when needed to support the operation."
Comerica Bank also had a level of empathy and understanding for Total Foundation's unique business requirements, which proved invaluable for the specialty contractor.
"Total Foundations is in a high-risk business. There are a lot of unknowns in what we do because we're working underground," Bratton said. "An issue I had to deal with over the years is people appreciating the level of risk that we're working and being willing to work in a manner that makes us comfortable and responds to our risk, and Comerica has been very good that way."
Watch the entire video testimonial to find out how Comerica Bank helped Total Foundations, and to learn more about how we raise the expectations of what a bank can be.
