Husky’s Growth and Expansion Relies on Relationships

Acquiring financing and finding investors play big parts in any business venture, from starting up to expanding and growing the company. Husky Corporation is no different. Functioning with world-class engineers and generating $35 million in sales, the fueling products manufacturing company is familiar with the traditional business lending process too.

 

An article written for the December 12, 2014 St. Louis Business Journal reported that in the past 12 months, the company has taken out seven traditional (bank) commercial loans, all with Commerce Bank, for improving product quality, replacing worn-out equipment, retooling and developing new products. Brad Baker, Executive Vice President of Husky Corporation, said Husky has been a client of Commerce Bank for a long time.

“Commerce Bank has been our commercial lender for than 20 years. They know us well and have true expertise about our product lines, who we are as an organization and what we need in terms of financing,” Baker told the St. Louis Business Journal.

According to Commerce Bank Senior VP Gordon Roewe, speaking in the same article, “When we think about the 20-plus year relationship with Husky Corp., it always involves the healthy, open exchange of information. Husky has always kept Commerce Bank informed of its direction, changes and possible needs. Husky has always been open to listen to ideas regarding bank products, such as tax-exempt financing for a building expansion.”

Intensive planning, a healthy balance sheet and working in a professional manner helps Husky Corp., to secure the loans it needs for developing fueling products, fuel nozzles, DEF products and much more.

To know more about Husky Corporation, visit http://www.husky.com/