Business Information

Business Name

Greg Alzner - Commercial Banking Account Manager at Sovereign Bank

Address

Sovereign Bank
551 Fifth Avenue 26th Floor
New York, NY 10176

Phone Number

(212) 209-9202

Fax Number

(212) 867-4624

Website

http://www.sovereignbank.com/

Additional Information

Business Banking Segment Market:

• Companies with $3.0MM and up in revenues
• Credit exposures of $100,000 to $5,000,000

Deposit Products:

1. Demand Deposit Accounts
2. Business Savings and Business Money Market Accounts
3. Escrow Account Management – attorneys, real estate management companies, title companies

Loan Products:

1. Lines of Credit – support working capital needs (Accts Receivable & Inventory)
2. Term Loans – purchase equipment, leasehold improvements, acquisitions
3. Mortgage Financing – owner occupied and investment real estate (buildings)
4. Corporate Commercial Card – credit card to finance Accts Payable items along with travel & entertainment purchases. It’s one bill a month and cuts down on check charges.
5. Equipment Leasing

Cash Management Products & Services:

1. Remote Deposit Capture – personal scanner for check deposits (deposit up to 8:00 pm)
2. Online Wire Transfers
3. Merchant Services – credit card processing

Email

galzner@sovereignbank.com

History

Member for

2 years 6 weeks