For Shobin Uralil, founder of Lively, Comerica Bank has been a reliable partner through growth and uncertainty.
“During the banking crisis in March of 2023, companies like ours were talking to our boards about how to ensure continuity in the event that another similar crisis came up,” Shobin explained. “We worked with Comerica, and as part of their technology solutions, we were able to come up with a solution that gave Lively the operational flexibility to ensure… our people are paid, that our operations can continue.”
Flexible financial solutions and business planning have been key to Lively’s ability to move forward confidently. And Comerica’s relationship managers have provided the consistency and business understanding to help Lively thrive.
Since 2018, Comerica has supported Lively with tailored debt restructuring and innovative cash sweep solutions that have helped the company manage liquidity and maintain smooth daily operations. “Comerica has been extremely flexible in understanding our business needs — more so than any other provider we actually have ever talked to along the way,” Shobin said.
For Shobin and Lively, Comerica is the partner they rely on to adapt and thrive in any environment.
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