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Category: Business

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The Value of Having a Relationship Manager on Your Side

Posted April 26, 2021April 27, 2021 Heritage BankPosted in Business

Imagine if instead of fumbling through a maze of 1-800 numbers to find product experts spanning across multiple offices within one bank, there was one person who brought together all of these experts on behalf of your business needs. This common-sense approach, known as a […]

Female volunteer at Emergency Food Network wearing blue mask and green vest holding up two bags of potatoes

Nonprofits Meet Increased Demand with Fewer Resources

Posted October 21, 2020October 21, 2020 Heritage BankPosted in Business, Customer Profiles

Everything changed for nonprofits when COVID-19 first appeared in our communities. The organizations had to deal with increased demand, fewer resources and new rules for operation—and people had lost any semblance of routine. This resulted in severe mental health crises and challenges were exacerbated. So, […]

Male putting Eddyline sticker on side of kayak in warehouse

From Paddles to PPE: A Kayak Builder Navigates a New Challenge

Posted October 16, 2020October 16, 2020 Heritage BankPosted in Business, Customer Profiles

“I don’t know that you could really plan a pandemic in a way better designed to really just bring a kayak manufacturer to its knees.” Scott Holley, president and co-owner of Eddyline Kayaks, is direct about the challenges his company faced early in the pandemic. […]

African American woman holding tablet at coffee roasting facility

The Convergence of Technology and Industrial Markets

Posted June 21, 2019February 21, 2020 Sean Brennan & Carlos GuangorenaPosted in Business

The U.S. middle market, as defined by the National Center for The Middle Market (NCMM), is comprised of companies with annual revenues between $10 million and $1 billion. It reaches all industry segments—both publicly and privately held companies—and includes family-owned businesses, partnerships and sole proprietorships. […]

Two male construction engineers leaned over a table looking at paperwork

Finding Affordable Housing Financing Resources in the Puget Sound Region

Posted May 17, 2019February 21, 2020 Randy RobinsonPosted in Business

Nearly a third of the nation’s households are financially burdened when it comes to owning or renting a suitable home. According to the National Association of Home Builders (NAHB), more than 30 percent of their income goes toward housing. The association cites the following factors—labor […]

Row of apartment complexes

Tax-Exempt Bond Financing Supports Puget Sound’s Affordable Housing Challenges

Posted May 16, 2019August 13, 2020 Carlos GuangorenaPosted in Business

Tax-exempt bond financing, used primarily to support the common good in areas like healthcare, affordable housing, education and many nonprofit organizations, allows eligible borrowers to raise funds for capital expenses. At a time when affordable housing is a major focus in the Puget Sound, tax-exempt […]

White male in a brown coat standing in front of a large red and white van.

Why Treasury Management is an Important Part of Your Business Team

Posted April 30, 2019February 21, 2020 Kyle FergussonPosted in Business

What if your bank acted as a consultative partner rather than a cold transactional entity? Most banking institutions have subject matter experts in a variety of roles. While this is ideal, most business customers don’t want or need variety, they need a quarterback who can […]

Why Corporate Social Responsibility Matters

Posted November 13, 2018February 21, 2020 Kristen ConnorPosted in Business

Corporate social responsibility (CSR) is collectively defined as a company’s continued commitment to improve the economic development and well-being of its communities, while also maximizing shared value for the business, employees and shareholders. CSR is not required to operate a business but it has become […]

Asian woman hanging open sign in the window of her local business

SBA Solutions to Help Build and Grow Your Business

Posted October 27, 2017February 21, 2020 Christine HeckertPosted in Business

The Small Business Administration (SBA) is an independent agency of the federal government established in the 1950s to aid, counsel and assist America’s small businesses and provide support to disaster victims. Today, it assists more than 30+ million small businesses in the areas of finance, […]

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