Home / Special Section (page 269) /

Special Section

Small Business Resource Guide

(Continued from previous page) 7. Hire the right people. Employees are one of the most valuable assets your business can have. Their cooperation, enthusiasm and well-being can make the difference between a mediocre and an outstanding business. Untrained, unmotivated employees ...

Read More »

Small Business Resource Guide

(Continued from previous page) 10. Do not be afraid to ask for help. Turning to outside specialists to help avoid or solve problems is standard operating procedure for large companies. Yet with the exception of accountants and attorneys, many small-business ...

Read More »

Small Business Resource Guide

Each offers pros and cons that should be carefully weighed by would-be small-business people, preferably using the advice of an attorney and an accountant. Though each of the three forms of organization has specific characteristics, they “are not black and ...

Read More »

Small Business Resource Guide

Many people mistakenly assume that a successful business plan should dazzle their readers with complicated technical jargon, complex corporate structures and fierce non-disclosure pledges. Yet the truth is that this type of approach actually can alienate potential investors, who may ...

Read More »

Commercial Lending

Welcome to the Rochester Business Journal’s Commercial Lending Directory, the only publication listing the range of business financing sources in the Greater Rochester area. First published last year, the directory is intended to be a valuable resource for the spectrum ...

Read More »

Commercial Lending

This is where the process can get tedious, but much less so if you are able to speak the bank representative’s lingo. With that in mind, here is a glossary of commercial lending terms worthy of your attention: Acceleration clause: ...

Read More »

Commercial Lending

BANK OF CASTILE 50 N. Main St. Castile, N.Y. 14427 493-2577 Local head of operations: Brenda Copeland, president Parent company: Letchworth Independent Bancshares Corp. Year established locally: 1869 Number of employees in the Rochester area: 130 Bank specialties: Agricultural lending, ...

Read More »

Commercial Lending

KEY BANK OF NEW YORK 2nd Floor 39 State St. Rochester, N.Y. 14614 263-4709 Parent company: Key Corp. Year established locally: 1983 Number of employees in the Rochester area: 200 Bank specialties: Asset-based lending, small-business lending, non-profit lending, agricultural lending, ...

Read More »

Commercial Lending

MARINE MIDLAND BANK N.A. 1 Marine Midland Plaza Rochester, N.Y. 14639 238-7112 Local head of operations: Kathleen Whelehan Parent company: HSBC Holdings plc Year established locally: 1823 Number of employees in the Rochester area: 500 Bank specialties: Full-service commercial bank ...

Read More »

Banks

SAVINGS BANK OF THE FINGER LAKES, FSB 470 Exchange St. Geneva, N.Y. 14456 315-789-3838 Local head of operations: Ralph Springstead, president and CEO Parent company: Finger Lakes Financial Corp., M.H.C. Year established locally: 1887 Number of employees in the Rochester ...

Read More »

Commercial Lending

BA CAPITAL INC. 1478 Marsh Road Pittsford, N.Y. 14534 264-1700 Year established locally: 1992 Number of employees in the Rochester area: 3 Lending specialties: Commercial and residential mortgages, construction and development loans, consolidations, second mortgages, equipment receivables and inventory financing ...

Read More »

Commercial Lending

CITY OF BATAVIA City Hall 10 W. Main St. Batavia, N.Y. 14020/343-8180 Local person in charge: William Reemtsen, city administrator Year established locally: 1983 Types of direct financing available: Small industrial business revolving loan fund REVOLVING LOAN FUNDS Total amount ...

Read More »

Commercial Lending

EMPIRE NATIONAL Leasing Inc. 350 Cayuga Road Buffalo, N.Y. 14225 436-4240 Year established locally: 1984 Number of employees in the Rochester area: 4 Currently lending? Yes Types of direct financing available: Leasing Types of indirect financing available: Leasing EQUIPMENT LEASE ...

Read More »

Mortgage Companies

FIRST MONROE INC. 1840 S. Winton Road Rochester, N.Y. 14618 473-9260 Type of company: Mortgage banker Local head of operations: Mark Grossman Year established locally: 1986 Number of employees in the Rochester area: 6 Lending specialties: Apartments, retail plazas, industrial/warehouse, ...

Read More »

Commercial Lending

THE ASSOCIATES P.O. Box 507 Webster, N.Y. 14580 671-4200 Type of company: Mortgage banker Local head of operations: Kelly Meyers Year established locally: 1992 Number of employees in Rochester area: 30 Lending specialties: Personal loans and mortgages Currently lending? Yes ...

Read More »