Sean Lickver, President | Paul Haislmaier, CEO & Chairman of the Board | Amy Kust, Chief Financial Officer
TRC Global Mobility is unique in that our usage of credit lines is not traditional. Our cash flow is intensive and there is a lengthy period of time between our financial distributions and subsequent collection of funds. Despite all of this, dealing with Park Bank has been extremely straightforward.
When we began a search for a financial partner in 2016, Park Bank was willing to conduct deep research on our company and recognize that there was a viable justification to the loans we were requesting. We were provided large-sum loans for very little corporate collateral—all because Park Bank went the extra mile to understand the legitimacy of our business and our non-traditional revenue stream process.
In 2017, with the help of Park Bank, we acquired a portfolio of business that allowed us to increase our revenue by 15 percent.
“TRC is not a traditional company with typical cash flow needs. Park Bank was one of the few financial institutions that was willing to research and understand our company and how we operate.”
We recognize that the success of our company would not have been possible without the support, flexibility and trust that Park Bank has provided. TRC Global Mobility transitioned to an employee-owned company in 2016. Today, each and every employee is invested in the company’s success—as is Park Bank—and we look forward to continuing the momentum we’ve built into 2018 and beyond.