MEMBERS’ CORNER

JKS Financial Consultants, Inc. Continues to Go National

We are currently able to place SBA loans nationwide through our close relationships with our lender groups.

Program Highlights:

  • Ability to go up to 100% financing
  • Option to fix interest rates
  • Construction and renovation loans
  • Property acquisition and refinancing options
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MEMBERS’ CORNER

Blue Flame Gas Service: A family business offering premier customer service

In 1964, Eugene “Chuck” Charlton worked as a truck driver delivering coal. He worked his way up and throughout the years bought several area fuel com-panies specializing in home heating oil delivery and service, as well as diesel and gasoline delivery. Ultimately he added propane to his list of specialty services when purchasing Blue Flame Gas Service in 1988.

Today, he owns and operates this business with his sons, Chuck Jr. and Mike.

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MEMBERS’ CORNER

St. Mary Medical Center and Nazareth Hospital are Partnering to Expand the Scope of Regional Heart Care

St. Mary Medical Center in Langhorne, Pa. and Nazareth Hospital in Northeast Philadelphia, both part of Trinity Health, announce a new partnership to strengthen regional excellence in cardiovascular care. Now St. Mary interventional cardiologists will be available onsite at Nazareth Hospital to perform emergency cardiac catheterizations as well as scheduled catheterization procedures. Dr. Mrugesh Patel, PhD, will serve as Medical Director of Nazareth’s Heart and Vascular Lab.

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BCEDC BUSINESS HAPPENINGS

HADCO Metal Trading Co., LLC

HADCO Metal Trading Co., LLC has been approved to borrow $2,250,000 from PIDA to purchase a building in Bensalem Township. The company will consolidate two other locations into the 378,000 square foot building located at 555 State Road, Bensalem.

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THE LOCAL CHAMBERS’ EXCHANGE

Lower Bucks County Chamber of Commerce

LBCCC’s Bucks County Ball was named WINNER of the Best Business or Chamber Event in Bucks Happening’s Best Of Contest!

and...

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THE LOCAL CHAMBERS’ EXCHANGE

Change is Coming to Upper Bucks

“I believe for too long, residents felt there would never be change here,” said Tara King, Executive Director of the Upper Bucks Chamber of Commerce, located in Quakertown Borough. That perception of stasis is turning around. The polestar of Upper Bucks County, Quakertown is geographically situated as a central cog surrounded by several radiating spokes to larger business and commerce markets.

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COMPANIES ON THE MOVE

Sean Durkin of Roddy Inc. Leases 12,575 Square Feet at Keystone Business Center II, 2500 Pearl Buck Road, Bristol, Bucks County, PA

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm represented Fotiou Frames South Corporation in the leasing of 12,575 square feet within the 53,128 square foot modern one story building located at 2500 Pearl Buck Road, Bristol, PA.

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STRATEGIC EARLY WARNING SYSTEM

In Order to Compete

A recent survey of businesses making changes in their supply chain revealed that “staying competitive” was the major driving force for the move. Unfortunately, this call to action is usually precipitated by a customer advising you that your pricing is too high compared to other quoted responses. While quality and performance are significant factors, allowing a competitor to gain a strategic advantage through different sourcing options is deemed unacceptable. Once this communication has been received, the implied segment of your response will be your decision to make the supplier change to the lower-cost provider and offer a significant portion of the savings as a pass-through to your customers.

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FINANCIAL TOOLBOX

New Rates for State Loan Programs just announced

The rates will be in effect for loan applications received through June 30, 2015.

For Real estate loans financing eligible land and building costs, borrowers will have the following two interest rate options:

1. Fixed interest rate for the full term of the loan (up to a 15-yr. period). This option is calculated using the 10-year treasury yield +100 basis points.  Based on the current 10-year treasury yield, the fixed rate option is 3.00% for the life of the loan.

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