Hodges Bonded Warehouse handles industry ups and downs
“In all of our businesses, financing is crucial,” says Lance Hunter, CEO of Hodges Bonded Warehouse, Inc. “Warehousing, real estate development and leasing, and transportation are all very asset-intensive businesses. We wanted a bank that could be our partner and invest with us, providing sound and reliable financing.” They found that support at Synovus.
Hodges Bonded Warehouse has been providing commercial real estate and warehouse space services in Montgomery, Alabama, for over 40 years. Since 2002, Synovus has been their bank.
“We’ve been in business with Synovus for many years and through several business cycles,” Lance explains. “We are currently enjoying a growth cycle in our area and industry. But they were with us through the very tough times when the automotive industry and commercial real estate faced the toughest period in more than half a century. They have been dedicated to meeting all of our needs all of the time, not just making a one-time, one event loan.”
"Synovus has been dedicated to meeting all of our needs all of the time, not just making a one-time, one event loan."
For example, he says, his companies’ commercial checking, treasury services, business credit cards and fleet credit cards are all handled with great service that makes the whole banking experience easy. His business banker, Amy Johnson, oversees it all.
“The relationship is very important,” Lance points out. “We appreciate the understanding that is gained from a long-term partnership. We have a mutual respect. So we rely on each other. And that reliance over the years has deepened and grown into a much closer relationship than I have ever had with any other bank.”
Have you wanted a stronger relationship with your business bank? Stop by a Synovus location near you, or give us a call today at 1-888-SYNOVUS (1-888-796-6887). Let’s get to know each other better.