- James Bleakly, BCEDC Past President, Recognized
- 44 Business Capital Becomes a Division of Berkshire Bank
- PennDOT Announces First Use Of Flashing Yellow Arrow Signals
- Univest Bank and Trust Co. Appoints Jane Sobieski as Senior Vice President in Commercial Banking
- P.F. Weiss Realty Would Like to Present: 875 N. West End Blvd., Quakertown
James Bleakly, BCEDC Past President, Recognized
James A. Bleakly, senior executive with QNB Bank was recognized by the Pennsylvania Bankers Association Group 2 for having 40 plus years industry experience. Jim is currently QNB bank’s senior vice president of leasing operations and special assets.
Mr. Bleakly attended Muhlenberg College, where he earned a Bachelor’s degree in Economics. He serves on the Finance and Executive Committees for the Bucks County Economic Development Corporation, where he previously served as President. In addition, Jim is the Chairman of the Zoning Board, Member of the Planning and Zoning Committee, and former Commissioner of Hatfield Township, where he also resides.
44 Business Capital Becomes a Division of Berkshire Bank
Berkshire Bank has completed its asset purchase transaction with 44 Business Capital, LLC of Blue Bell, Pennsylvania, and Parke Bank of Sewell, New Jersey, under which Berkshire Bank has acquired the business model of 44 Business Capital and certain other assets of Parke Bank’s Small Business Administration (SBA) 7(a) loan program operations. 44 Business Capital is now operating as a direct small business lending division of Berkshire Bank reporting up through the Bank’s already established Small Business line of business, and originating SBA loans for Berkshire Bank.
44 Business Capital has consistently been one of the top SBA originators and a market leading provider and facilitator of SBA guaranteed loans to small businesses in Pennsylvania, New Jersey, Delaware, Maryland, Northern VA, and Washington DC. 44 Business Capital’s entire team, along with its leadership, Greg Poehlmann, Phil Rapone, Jeff Sherry, and Joe Dreyer has joined Berkshire Bank.
“We are pleased to welcome the employees and customers of 44 Business Capital to America’s Most Exciting Bank®,” stated Berkshire CEO, Michael Daly. “This combination increases the client offerings for both companies, diversifies our loan portfolio and provides a valuable future growth channel.”
“As a division of Berkshire Bank, 44 Business Capital will continue to leverage our staff’s national experience to build out an exceptional SBA lending platform that will serve the SBA’s mission on a larger scale,” stated Greg Poehlmann, Senior Vice President of Business Banking for Berkshire Bank and former President of 44 Business Capital, LLC. We are extremely excited to become part of Berkshire Bank, and look forward to establishing ourselves collectively as a major player in the SBA lending market, both regionally and nationally.”
About 44 Business Capital: For over 20 years, the principals of 44 Business Capital have provided financing solutions to hundreds of businesses in a variety of industries. For further information, please contact 44 Business Capital at 215.985.4400 or online at 44businesscapital.com. The main office is located at 1787 Sentry Parkway West, Suite 200 Building 16 Blue Bell, PA.
About Berkshire Bank: Berkshire Hills Bancorp is the parent of Berkshire Bank – America’s Most Exciting Bank®. The Company has over $7.8 billion in assets and 93 full-service branch offices in Massachusetts, New York, Connecticut, and Vermont providing personal and business banking, insurance, and wealth management services.
PennDOT Announces First Use Of Flashing Yellow Arrow Signals
PennDOT has announced it will be activating a new type of left turn signal that has been proven to improve left turn safety at intersections.
Flashing Yellow Arrow signals are new to Pennsylvania but they have become commonplace in many states across the United States over the last ten years. Based on many national studies and transportation agency testimonials, Flashing Yellow Arrow signals improve left-turning safety by helping motorists recognize that they should yield while making left turns when there is oncoming traffic and pedestrians.
According to research funded by the Federal Highway Administration, left turn crashes can be reduced by as much as 20 percent after the installation of the Flashing Yellow Arrow signal. Also, Flashing Yellow Arrow signals can be adjusted depending on the time of day, reducing delays and improving mobility.
Head to our site at tmabucks.com for more info on this new PennDOT initiative.
TMA Bucks, Seven Neshaminy Interplex, Suite 103, Trevose, PA 19053, Phone: 215-244-9082.
Univest Bank and Trust Co. Appoints Jane Sobieski as Senior Vice President in Commercial Banking
Univest Bank and Trust Co. announced the appointment of Jane Sobieski to senior vice president in its Commercial Banking area. In this role, Sobieski will provide financial advice, commercial and industrial lending, real estate lending and working capital solutions to small businesses and middle market companies throughout Greater Philadelphia. She can be reached at Univest’s regional office in Doylestown at 267.898.0535.
With more than 20 years of experience in the financial services industry, Sobieski previously worked for CoreStates Bank and Wachovia Bank. She most recently served as senior relationship manager for Bank of America.
Sobieski is active in her community and has been instrumental in providing credit literacy to various high schools, community colleges and non-profit organizations in the area. She also serves as chair of Finanta, a non-profit community development financial institution located in Philadelphia. Sobieski earned a bachelor’s degree from Drexel University. She resides in Lower Southampton, PA.
About Univest Corporation of Pennsylvania
Univest Corporation of Pennsylvania (UVSP), including its wholly-owned subsidiary, Univest Bank and Trust Co., has $2.9 billion in assets and $3.0 billion in assets under management and supervision through its Wealth Management lines of business. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices in southeastern Pennsylvania extending to the Lehigh Valley, Maryland and online at www.univest.net.
Univest Bank and Trust Co. is Member FDIC and an Equal Opportunity and SBA Preferred Lender.
P.F. Weiss Realty Would Like to Present: 875 N. West End Blvd., Quakertown
Excellent commercial/retail opportunity for wide variety of uses including multi-tenanting of this 46,000 square foot (30,000 and 16,000 square foot buildings), two building, 16.23 acre property situated along heavily traveled PA Route 309.
Excellent for all types of commercial applications including vehicle & equipment sales/lease; auto sales, truck sales, or many other adaptive uses. The 30,000 square foot facility has 15,000 square feet of showroom along with eight 75 foot drive through vehicle service bays. Included is a 16,000 square foot outside storage garage as well for inventory storage. Ceiling heights ranging from 18’-24’ in showroom and vehicle maintenance bays.
Tremendous visibility along the east side of PA Route 309 with some 50,000+ car per day exposure along with 1300 feet of road frontage. Property is fully fenced with control access points and security.
For additional information or if you would like to schedule a showing of the property please contact Christopher Lewis at 610-587-0624; Clewis@pfweissrealty.com or Paul Weiss at 610-349-6257; Pfweiss@pfweissrealty.com