APRIL 2021 • LONGISLANDPRESS.COM 65
Relationship-Based Banking
for Local Businesses
ore than a year into the COVID-19
crisis and small businesses are
slowly rebounding from its
devastating effects. Throughout
this unprecedented time, many business
owners sought financial assistance as a
means to pay their employees, keep their
doors open, and maintain livelihoods. Where
the midsize and large banks often fell short,
Flushing Bank came through—assisting a
range of small businesses in recovery.
SMALL ENOUGH TO KNOW YOU.
LARGE ENOUGH TO HELP YOU.®
As a small, community bank with the
products and services of a large bank,
Flushing Bank was able to provide
exceptional customer service with a highly
personalized touch during a time when
people needed it most.
In fact, Flushing Bank proved to be a reliable
and nimble resource for numerous avenues
of federal aid. This included both rounds
of PPP loans, which allowed many small
businesses to secure vital government
funding. Proudly, since April of 2020,
Flushing Bank has successfully funded every
PPP loan application for customers and
non-customers alike. And during the second
round of the PPP, their partnership with
a fintech company helped Flushing Bank
improve their application process, resulting
in more applications compared to 2020.
Mark Sgantzos, co-owner of Clark’s Diner
said, “Thanks to Flushing Bank and our
PPP loan, we were able to maintain our
staff, provide outdoor dining, and buy
the necessary equipment to keep our
employees and customers safe. We are very
appreciative of Flushing Bank’s accessibility
and support.”
Flushing Bank also offered additional
financial help to customers through such
resources as the Main Street Lending
Program, a Federal Reserve loan program
designed to help small- to medium-sized
businesses that were financially sound
prior to COVID-19. Additionally, through the
Federal Home Loan Bank of New York’s
Small Business Recovery Grant Program,
Flushing Bank distributed grants to small
businesses and non-profit organizations in
their local markets.
Andrew Bly, Principal and CEO at The
Molecule commented, “I cannot thank
Flushing Bank enough for all their help in
getting both rounds of PPP funds for our
visual effects company. We wouldn’t be here
if it wasn’t for their tireless work and support.
We’re confident that 2021 will turn out to be
our best year yet.”
SUPPORTING RECOVERY ACROSS
ALL INDUSTRIES.
As a bank that’s truly part of the community,
Flushing Bank saw firsthand how hard
businesses in the neighborhood were hit by
the pandemic. From local businesses and
healthcare facilities to schools and non-profit
organizations, Flushing Bank worked closely
with all types of businesses to guide them
through the loan process, answer questions,
and expedite solutions.
Noor Baqueri of Unitech Print remarked,
“The PPP loan we received through Flushing
Bank provided the necessary funds to
keep our family owned and operated
printing company in business through
this challenging time. In addition to their
professional support, they have provided
peace of mind for my family that is priceless.”
Mike Truesdell, President of Holy Cross High
School in Queens also said, “Thank you to
Flushing Bank. They were there to address
all of our questions and concerns through
both rounds of PPP applications. Through
their dedicated work, we have been blessed
to receive both draws.”
EVERYDAY BANKING REMAINED
OF UTMOST IMPORTANCE.
Beyond federal funding programs, Flushing
Bank never lost sight of the importance
of everyday banking needs. Through
appointment banking, customers safely
met with branch staff during the crisis for
more complex transactions, such as account
servicing and access to traditional loans,
including lines of credit and mortgages.
Additionally, at a time when the health and
safety of the community were never more
vital, Flushing Bank launched a line of robust
digital services. This digital transformation
allowed customers to easily bank from their
homes, any time of day.
Lynn Sherman, Executive Vice President
of the Charles B. Wang Community Health
Center said, “Flushing Bank worked with us
through the Build NYC Resource tax-exempt
bond transaction. They were actively
involved in every step of our closing and
provided professional yet personal customer
service. Plus, with Flushing Bank’s assistance,
we were able to successfully apply for our
PPP loan. They facilitated a quick application
and timely response. It’s refreshing to work
with a bank that is as passionate about the
community as we are.”
HOPE AND OPTIMISM
FOR THE FUTURE.
Throughout this ongoing crisis, Flushing
Bank never wavered from their tried and
true, community-based approach. From
financial services to local outreach, in which
they delivered food donations to frontline
healthcare workers, Flushing Bank showed
their neighbors that they truly care.
As 2021 progresses and vaccines continue to
roll out, Flushing Bank is confident that small
businesses will continue to bounce back.
With branches across Queens, Brooklyn,
Manhattan, and Long Island, supported
by business bankers who are prepared
to help, Flushing Bank remains staunchly
dedicated to economic recovery and the
next chapter of growth for small businesses.
Small Businesses
Move Toward
Recovery
with Help from
Flushing Bank.
If you are a business owner, then you
know how important your relationship
is with your customers and recognize
that exceptional service makes all the
difference.
At the heart of Flushing Bank’s
community-based approach is the
philosophy of “Small enough to
know you. Large enough to help
you.” Their commitment to hands-on
banking for small and medium-sized
businesses ensures your business
will get the personalized attention
and support it deserves.
At Flushing Bank, their business
bankers bring extensive industry
experience to the financial table.
They take the time to understand
your specific business needs and
structure the right banking products
to help your business grow. With
specialists nearly 1:1 per branch, there
is always a business banker on hand
to assist with your financial needs,
and decisions are made locally so
they can be made quickly. Their
commitment does not stop when the
business day ends, as their team is
frequently in the field and actively
involved with local businesses,
before and after business hours.
Flushing Bank offers a comprehensive
set of deposit products and lending
solutions. With Flushing Bank’s Complete
Business Banking, customers have
a choice of two business checking
accounts, both of which have no
monthly maintenance fees, low to no
minimum balance requirements, and
access to over 55,000 ATMs worldwide.
Plus, with Complete Business Banking,
customers are eligible to participate
in the Business Value Program, which
rewards customers with a gift card
based on their balance. For long-term
financial planning, Flushing Bank offers
many wealth management services and
retirement strategies to keep business
professionals ahead of the curve.
Flushing Bank offers a full complement of deposit, loan, and cash management services.
courses for professionals, and client
networking events. Flushing Bank
is a member of local Chambers of
Commerce in places like Brooklyn,
Queens, and Long Island, as well as other
community organizations that support
local businesses. Their bankers speak
more than 20 languages, reflecting
the diversity of the communities they
serve and businesses they support.
Flushing Bank knows business is
personal, which is why it is committed
to partnering with you to help
your business grow. To learn more
about the benefits of banking with
Flushing Bank, visit any one of its
branches or call 718.512.2729 to speak
with a Business Banker. ■
800.581.2889
FlushingBank.com
Flushing Bank is a registered trademark
For businesses looking for financing
options, Flushing Bank provides access
to a full suite of lending products,
including traditional term loans and
lines of credit for any size business. They
offer commercial mortgages and other
refinancing options on owner-occupied
real estate as well as investment
properties. For newer and/or smaller
businesses, they are a Preferred SBA
Lender and offer partner programs
to provide quick and easy access to
microloans under $100,000.
Unlike many larger banks, Flushing
Bank’s community-based approach
includes having a locally based call
center w ith e xtended h ours t o
support your business. For added
convenience, most branches offer a
state-of-the-art ATM, Assisted Service
Kiosk (ASK), featuring live, face-toface
chat with a Video Banker from
7 a.m. to 11 p.m. daily.
Local businesses are essential to the
economic growth of the community,
and Flushing Bank is dedicated to
fostering this growth by offering
financial education workshops for
new businesses, continuing education
FlushingBank.com
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