Building Better Business Solutions with Lifecycle Lending
Optimization is too often a buzzword to draw attention. Not for Comerica. Optimizing cash flow and cash management is second nature, a feeling every Comerica client knows.
The result? Start-to-finish lifecycle lending from a trusted partner.
“We are able to address and tailor services to meet the needs of all stages of a technology company’s life cycle,” says Katie Carter, Senior Vice President and Sales Manager of Payments. “We are a lifecycle lender. Not everyone can say that.”
According to Mohammad Naqvi, VP, Relationship Manager, “Lifecycle lending means we start with our relationships early on, when a company could be just a few weeks removed from incorporating, and then growing with that company over time. Meaning that the banker you’re working with at the seed stage is the banker you’re working with post IPO.”
Tech companies may be at the forefront, but that doesn’t mean they don’t need a helping hand or a reliable partner. “Comerica’s approach to business banking is relationship-driven, proactive, lifecycle lending,” stresses Naqvi.
But after all this, what does a lifecycle lending partner look like? “That means meeting companies where they’re at, the stage that they’re at, with a financing package that’s tailored towards that need,” says Naviq.
Sense a common theme?
“Not only do we provide a full spectrum of credit and treasury management solutions within our payments organization, but we can also leverage the other diverse groups that exist to help every customer, regardless of size and geographical region,” explains Carter.
Comerica isn’t called the leading bank for business for nothing. “The leading bank for business means being nimble enough to ride each wave of innovation, but being principled enough that you’re not caught up in the frenzy that comes with each one of those waves,” says Naviq.
Lifecycle lending is your future, and Comerica will lead the way with a steady hand.
Watch the video to check out the whole story.
