Three years ago, I had a problem any restaurant owner would love to have, I was getting so busy that I was having to turn customers away. Great problem sure, but I needed a solution, fast! I needed to expand my business, but in the economic environment at the time, financing wasn’t easy to come by, even with a good credit record and 20 years in business.
Thanks to one of my regular customers, I was familiar with Gold Coast Bank. He suggested that I meet with the Bank to discuss my options. I found them to be very helpful and I got the financing I needed to expand my business by 50%, at a very competitive rate. I couldn’t have done it without Gold Coast Bank!
Property all over Brooklyn was being renovated, expanded and upgraded and it was imperative to keep up with the changing times. We needed to refinance a piece of property so we could significantly expand some retail space and we needed a loan.
A mortgage broker introduced us to Gold Coast Bank and everything went very smoothly! The experience was more personal than I was accustomed to and things went so well, in fact, that we are planning to do a second deal with Gold Coast.
Super Storm Sandy caused about $1 million dollars in damage to our hotel and restaurant. We never gave up hope though and knew we had to reinvest and rebuild, and we did, with the help of Gold Coast Bank!
After the repairs were completed, Gold Coast provided us with a mortgage that enabled us to pay off a prior commitment which was issued at a higher rate.
The Bank’s staff are extremely business savvy and dependable! All our dealings with them were very smooth and the personal attention had us all on a first-name basis. Doing business with the Bank was a pleasure!
Our company needed a loan to build a 23,000 sq/ft professional park and we immediately thought of Gold Coast Bank! A few years earlier, in an economy that was struggling, the Bank assisted us with building a medical park in Smithtown. While we were hard-pressed to secure tenants, Gold Coast Bank believed in us and provided us with a much needed loan.
We’re in business thanks to Gold Coast! If the Bank had not given us the first loan, we definitely could not have gone forward with the second project, building the professional park. Gold Coast is like a small town, neighborhood bank, always friendly and easily accessible, even the Bank’s CEO, who always returns my calls!