From credit lines to refinancing and vehicle loans, small business owners are sharing how their relationships with Gesa Credit Union have helped their firms grow.
Fraser Hawley and Sharon Brown, owners of a mixed-use strip mall in Kennewick, Wash., said the $1 billion Gesa CU refinanced a business loan so they could complete construction on a second medical building on the property.
“I believe in keeping business dollars in the community, and I appreciate that Gesa handles everything locally,” Hawley said in a Gesa press release. “They know our businesses and have their fingers on the pulse of what's going on.”
Todd Ray, a farm equipment supplier with locations throughout Eastern Washington and in Oregon, said his main operating line of credit as well as commercial building loans and two vehicle loans are with Gesa.
“It's nice to bank with Gesa because of their stability –and more importantly – their focus on the member,” Ray said.
The Richland, Wash.-based Gesa said it is asking their members and the community at large to reach out to Democratic Sens. Patty Murray and Maria Cantwell for support of the Credit Union Small Business Jobs bill (S. 2231) that would raise the member business lending cap.
“Our local small businesses are the engine that drives our economy and helps our communities grow,” Gesa said. “Right now, credit unions have an opportunity to help local small businesses and our communities grow even stronger.”
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