Backing Business: Miami-Based Pool Supplies Distributor

When a pool supplies distributor in Miami saw an opportunity to extend their operations into the west coast of Florida, they sought financing support from First American Bank to establish new warehouse operations.

Our business lending team put in place a long-term, fixed-rate mortgage solution and helped with the addition of an asset-based line of credit to support their growing working capital needs, allowing the company to purchase a new distribution center. With a foothold in this lucrative market, the distributor is now successfully growing their presence on Florida’s west coast– and their bottom line.
Interested in moving quickly on market opportunities? See what our business lending solutions can do.
Explore Solutions
Become a First American Bank Insider
Get the latest financial news, business insights, and investment tips directly to your inbox.
Subscribe Now