VINELAND, N.J., May 16, 2011 /PRNewswire/ -- Sun National Bank has launched C4 Business Banking (SM), a new suite of banking services designed to provide business owners with the financial power to move their business forward. C4 Business Banking enables business owners – from the single entrepreneur to leaders of larger companies – to take greater command of their business to keep it profitable and competitive.
Companies big and small are investing in their businesses now to ready themselves for future growth. Small business in particular has often been credited with leading the nation out of economic recessions, via business growth and job creation. This week, May 16-20, the U.S. Small Business Administration will once again recognize small businesses as major contributors to the strength of the economy, during National Small Business Week. The small businesses that sustain the nation's economy are often those who need financial resources to manage and grow their businesses.
Sun National Bank's C4 Business Banking offers a suite of performance services tailored to the needs of businesses, including: desirable options for business checking accounts with a variety of free services; business lending solutions including loans, lines of credit, SBA financing and commercial mortgages; and progressive cash management services. C4 Business Banking recognizes the four C's that are key to successful businesses:
- Character, which recognizes that a business leader's reputation and track record can be a strong indicator of future performance
- Commitment, which recognizes the valued partnership between a business owner and his or her bank
- Credit, which enables business to start up, expand, invest for the future and move forward
- Cash flow, which fuels a company's growth while enhancing day-to-day progress
"Now is the time to help our local and regional businesses advance their goals, invest back in their businesses and be ready for economic rebound," said Thomas X. Geisel, President and CEO, Sun National Bank. "Sun is proud to serve businesses in New Jersey and to supply the financial fuel for thousands of commercial and small enterprises throughout the state."
Sun National Bank's business banking group offers businesses a broad range of sophisticated credit and cash flow solutions, treasury management and advisory services as well as day-to-day business banking products. Sun's business lenders provide clients with personal service, local decision-making and customized solutions to meet each client's respective business needs and goals. Sun National Bank is a preferred lender of the New Jersey Economic Development Authority and a national preferred Small Business Association lender. The bank serves customers in all 21 counties in the state of New Jersey.
About Sun Bancorp
Sun Bancorp, Inc. (Nasdaq: SNBC) is a $3.33 billion asset bank holding company headquartered in Vineland, New Jersey, with its executive offices located in Mt. Laurel, New Jersey. Its primary subsidiary is Sun National Bank, a full service Commercial Bank serving customers through 65 locations in New Jersey. Sun National Bank has been named one of Forbes Magazine's "Most Trustworthy Companies" for five years running. The Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC). For more information about Sun National Bank and Sun Bancorp, Inc., visit www.sunnb.com.
SOURCE Sun Bancorp, Inc.