WE TRANSFORM BUSINESS NEEDS INTO SOLUTIONS THAT GROW WITH YOUR BUSINESS.
While succession planning is something that all small businesses should be considering, the coronavirus pandemic jolted many small businesses into thoughtful planning for the future, whether it’s navigating unforeseen challenges or planning for future generations of leadership and ownership.
The Future of the Company Car
Although most sales teams cannot afford to neglect the inherent selling power of forming and sustaining in-person relationships with potential and existing clients, businesses have been operating within virtual sales models for the majority of the year and have seen success in this new approach. With remote and hybrid working models becoming the new norm, is the future of the company car in question?
The Bancorp Partners with The Brotherhood Ride to Honor Fallen First Responders
One group of Florida firefighters has made it their mission to remember fallen first responders. After tragedy struck, they transformed their vow to “Never Forget” into an annual bicycle ride that travels hundreds of miles to honor the fallen.
Business Expansion in a Post-COVID World: Spotlight on Veterinarians
With millions of animals in new homes throughout the pandemic, the past year has shed a spotlight on the transformation the veterinary care industry will need to undergo, and the potential business extensions necessary — such as fleet vehicles — to meet increased (and ongoing) demand, as well as the subsequent financial considerations.
Fintech Solutions: Defining Payment Partnerships
By harnessing a partner-first approach, The Bancorp defines what it means to help improve payment ecosystems.
How To Establish and Maintain Your Company’s Competitive Edge
The coronavirus pandemic has forced us to redefine activities that were once standard in our day-to-day lives, changing the way we shop, socialize, and do business. But what has remained constant is the value placed on supporting the heavily impacted “Main Street”.
Learning & Development: Engaging, Educating, and Empowering Employees
At The Bancorp, we are dedicated to providing employees with resources to grow and thrive in an open, collaborative, and inclusive environment. In this blog, Maria Mejia explains what makes an effective Learning & Development program and how to keep employees engaged and excited about their career growth.
The Future Trajectory of the Electrification of American Vehicles
Over the past decade, there has been a global call on drivers, auto manufacturers, and companies at large to reduce their carbon footprint. Since taking office, President Biden has made that call even louder with proclaimed plans to electrify America.
How to Find the Right Partner for Holistic Wealth Management
The Bancorp banking products and services create opportunity for holistic wealth management. With our white-label lending and deposit products, financial professionals can directly offer clients’ the financial flexibility to meet their individual needs, while strategically managing assets and liabilities to preserve wealth.
Business Expansion in a Post-COVID World: Spotlight on Senior Living
The senior living industry is at a crossroads. Currently, the number of retiring Baby Boomers will exceed available facilities and their expectations include high-end amenities like gourmet dining and golf courses. However, with a growth mindset and the availability of SBA loans, senior living facilities have the opportunity to grow and redefine what life looks life after retirement.
ERG Spotlight: Employees That Serve
At The Bancorp, Employee Resource Groups bring employees together under a common unifying thread. David Mulrooney shares his experience as a founding member and co-chair of one of our ERGs, Employees That Serve.
Homebuying Made Easy with The Bancorp SBLOC or IBLOC
The short supply in the real estate market has resulted in the need for fast down payments or cash purchases. When your clients need fast access to funds, The Bancorp Securities-Backed or Insurance-Backed Line of Credit (SBLOC and IBLOC, respectively) can be the answer.
Ask the Expert: 5 Things Business Owners Need to Know About the Global Semiconductor Chip Shortage
Because of the shutdown, fleet orders for the 2021 model year have been cut-off much earlier than normal, and as a result, businesses that are currently looking to replace or add vehicles to their fleets may have noticed that it’s becoming increasingly difficult to do so.
Top Four Considerations for Entrepreneurs Launching a New Business
Starting a new business can be one of the most rewarding experiences of your life. And with the right preparation, you can increase your chances for success and build a business that lasts well into the future.
The State of Government Fleets: Shifting to Electric Vehicles
While tax incentives will help cut costs for departments with already tight budgets, there are other benefits for governments to shift their fleets to electric, including improved departmental image, as well as reduced maintenance costs.
The Importance of Preparing Your Fleet Ahead of Peak Spring Season Demand
A great way to prepare for peak season is to ensure the company’s fleet is not only on a cyclical maintenance schedule but also a proper replacement schedule.
Start Your Career at
The Bancorp Confidently
If you’re considering a career change but apprehensive of starting your next venture remotely, it’s not as scary as you may think. Believe me, I went through the process myself.
Pay your taxes and stay in the market with a securities-backed line of credit
As we turn the page on a tumultuous year, many of us are looking ahead to a better and brighter 2021. And while the pandemic will hopefully fade into memory, one thing is still unavoidable: taxes.
The State of Government Fleets: How The Coronavirus Pandemic Continues to Spar With The Industry
As the coronavirus resulted in production lockdowns in the automobile industry, government agencies faced difficulty with both acquiring fleet vehicles and meeting their needs within a tighter budget. With The Bancorp Commercial Fleet Leasing, government agencies may benefit from end-to-end fleet leasing services with bank-direct financing and custom lease plans.
It’s More Critical than Ever to Focus on the Customer Experience
Since the start of the coronavirus pandemic, businesses have been forced to think differently about how they operate – and one thing that’s become clear during this time is that delivering an excellent customer experience is no longer an option; it’s essential.
Diversity & Inclusion – It Starts from the Top
At The Bancorp, we champion a diverse and inclusive culture that rests on the fundamental belief that everyone deserves dignity and respect. We recognize that each person has unique perspectives and skills and because of this, we strive to create an environment in which everyone is valued and has the opportunity to thrive.
2021 Fleet Leasing Predictions Following an Unprecedented Year
2020 was certainly an unprecedented year for businesses of all sizes and industries of all kinds. For some, we’ve championed their successes and mourned the undoing of others. But as we begin to see a light at the end of the tunnel, there are still many unknowns that remain as we try to anticipate what 2021 will bring.
A Year in Review: Top Three Business Lessons Learned in 2020
Though 2020 started as the “year of vision”, the way it unfolded was unforeseen by most. It tested resilience and strength, particularly of businesses both large and small, pushing owners to revamp their business models, go on a temporary hiatus, or shutter storefronts altogether.
A Perfect Pair: Why Small Business Lending and Commercial Fleet Leasing Go Hand-in-Hand
The Bancorp’s Small Business Lending and Commercial Fleet Leasing divisions have always provided best-in-class service and solutions to clients, no matter their need.
Small Business Success Stories to Be Thankful For
Curren Flooring Company; Mansfield Funeral Home; and Sawyer’s Fun Park, Home of AirU. At first, it may sound like these three businesses have nothing in common, but there is a common thread that brings them together—all three business owners had a vision for growth, expansion, and success, and partnered with The Bancorp Commercial Lending team in hopes of transforming this vision into a reality.
How to Make the Most of 2020 Annual Reviews
There is no doubt that this year’s client annual reviews will be different. With the COVID-19 pandemic still causing both social and economic uncertainty, it will change the way we interact with our clients.
Leasing Benefits with Current Economic Headwind
As the nation moves toward recovery, new realities are emerging as a result of the coronavirus (COVID-19). Activities that were once standard in our day-to-day lives have become less common, or have disappeared altogether. We shop differently. We socialize differently. We do business differently.
Lending a Helping Hand to Make a Difference
In an effort to prioritize health and safety early in the pandemic, state and nationwide orders forced schools to close and children to finish the remainder of the school year online, while companies adopted work-from-home arrangements or altered the frequency of in-person shifts.
The Bancorp Shouts Out to a Competitive Cheerleading Business
Now is a great time to share small business stories of strength and resilience. Especially one like Top Gun Orlando, which was able to both expand and continue operating with Small Business Administration (SBA) and Paycheck Protection Program (PPP) loans from The Bancorp.
Chalk Up Long-Term Education Savings with an SBLOC
An SBLOC can help minimize the long-term costs of a college education. Advisors are coming to that time of year when parents are looking for advice on how to fund their child’s college education.
Buy that Dream House and Preserve Investments with a Securities-Backed Line of Credit
Do clients often come to you to discuss the quick purchase of a new home or another piece of real estate? Perhaps it is that one last spot in a retirement community or a new beach house that was just listed.
On the Road to SBA Financing: Preparing to Meet Your Banker
The arrival of fall finds diehard college football fans traveling the nation’s roadways to support their favorite team in the latest gridiron contest. Ask any of these Saturday road warriors, and they will tell you that preparation for the next road trip begins as soon as they arrive home from the last game.
SBA Loan Closing: It’s Not the Grand Finale
Congratulations, your Small Business Administration (SBA) loan has closed! Maybe you’re using the proceeds to buy a business, refinance debt, purchase real estate, start a franchise or for some other business purpose.
SBA Construction Financing: A Blueprint for Success
Construction financing secured through the Small Business Administration (SBA) can hold its share of challenges for the small business owner, regardless of the project size.
SBA Loan Closing: 8 Top Things You Can Do to Be Prepared
Getting your Small Business Administration (SBA) loan approved is an important first step, but getting your money in hand requires a successful loan closing.
Betterment Holdings, Inc. and The Bancorp, Inc. Continue Partnership
Financial Advisory Industry Disrupter Betterment Renews Contract with Payments Leader, The Bancorp, Inc. NEW YORK and WILMINGTON, Del. (DATE) – The Bancorp, Inc. (NASDAQ: TBBK) and Betterment Holdings, Inc. (Betterment) recently announced a contract renewal agreement.
Paving the way on the road to success
Twenty-five years ago, a stroke of good luck helped launch my career as a small business lender. Since then, it’s been my privilege to champion the small business sector and all the ways it contributes to our country’s economic vitality.