A long standing customer in the wholesale and retail flooring business sold their company shortly after we opened the bank. They had been a great customer and we were sorry to see them leave. In 2017 the previous owner had the opportunity to buy the company back but needed some financing to help close the deal. Liberty Capital Bank was able to structure a working capital loan on terms better than what was being provided at the incumbent bank. Their needs didn't stop there as various treasury services were required to meet their back office and accounting needs. We were honored to reestablish a cherished old relationship.
The third generation owner of a 100-year-old general contracting firm based in Dallas was dissatisfied with the unacceptable level of service his company was getting from a large regional bank. He, along with the help of a few of his board members, set out to find a local business-oriented bank to provide the full breath of commercial services that their company needed. This included a multi-million dollar line of credit as well as treasury management and depository services to handle their operating business that achieved annual sales of $75 million. After testing the service orientation for several banks as well as the treasury management capabilities, they chose Liberty Capital Bank to be their commercial bank in 2012. Shortly after our relationship was established, the owner embarked on a succession plan to bring in a new leader into the business. Our bank was engaged in those discussions to make the transition smooth. Since that time, adjustments have been made to the structure of the company's credit facilities as well as providing additional support for risk management and fraud control on their accounts. Once the succession plan is completed, our bank expects to have a long and important partnership with this client.
A relatively young suburban church purchased its property 5 years ago with high-interest-rate seller financing. Liberty Capital Bank spent time with the pastor and church leadership to understand its challenges as a growing suburban church in an effort to refinance the seller debt and provide expansion financing. We were able to refinance the seller debt and save the church over $100,000 of annual interest expense. We were also able to provide additional credit to support the church's pledge campaign for future expansion. Our treasury management team helped to transition the church's deposits and cash management.
We were introduced to a local investor in multifamily properties by a mutual friend a couple of years ago. We started the relationship by providing cash-out refinancing on some of his stabilized properties. As the relationship continued to develop, we provided more financing, this time to help purchase and rehabilitate a value-add project. This investor self-manages his properties and maintained his property management accounts at a large national bank. He moved all of his accounts over to us in search of higher service and lower fees.
Our bank has provided a variety of services to a locally-based service company that is privately owned. This company has used our bank to finance the purchase of their building that houses all of their employees, along with a variety of treasury services for both the company and the owner. More recently, the owner and his wife desired to buy an outstanding ranchette in the Austin area for their second home. We were able to provide some creative financing to allow them to buy the property and begin to develop it for their family's use. Our client sees us as a one stop shop for all of their corporate and individual banking needs.
Remote Deposit Capture
Liberty Capital Bank, located in Addison, Texas, services clients with
personal and commercial banking needs across the Dallas/Fort Worth metroplex.
We offer a fresh approach to banking, with long-term results in mind.
5055 Keller Springs Rd #120 | Liberty Plaza I | Addison, TX 75001 | (469) 375-6600
Real Estate Banking
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