Value-Add Industry Knowledge - Part of Your Banking Relationship
Business
| 09.17.2024
Written by Andrew Guzzo, Chief Banking Officer
Merchants Bank invests in various tools across our business lines to assist our team in serving clients. Our focus in using said tools is centered on understanding the business sectors our clients compete in, what makes sectors thrive and similarly what are the potential risks within each sector.
Our tools allow us to start at a macro level and then drill into various sub sections of a specific sector. As an example, manufacturing is a relevant sector in our region and an important one in our country. One of our resources can provide regular updates pertaining to the current conditions impacting the manufacturing sector, geographic breakdown of business counts within each state, as well as the global perspective of the sector. Additionally, the research provides insight into the current trends, challenges, indictors and drivers, along with regular forecast updates with a five-year horizon. This type of in-depth analysis is available in the tool for hundreds of sub sectors, giving our Commercial Bankers access to information at their fingertips that can them be quickly shared with their clients.
The tool also provides financial insight around cash flow management, financial benchmarks and capital and foreign investments impacting the sector. This valuable research is compiled with data and in-depth information from multiple sources with specific expertise in their respective fields. The company that provides this tool is extremely selective on the vendor partnerships they leverage to assemble the extensive insights provided to end users like Merchants Bank.
Merchants Bank is passionate around being a value-added provider for the clients who entrust us with their relationship. Our goals to provide industry leading products, services and most importantly, banking professionals who engage with thoughtful dialogue, research, and resources to deliver more than just transactional value. It’s important to us to assemble fact-based, meaningful tools to help drive client success. Our goal is centered around helping our clients achieve their hopes and dreams!
We would enjoy the opportunity to discuss your business needs, goals and areas you would like to see improvement. Rest assured our team of
professional bankers will leverage all of the appropriate tools in our toolbox in order to assist your decision-making process. We are passionate around exceeding your expectations and adding additional value.