Over 20 years ago, startup Atlantic Builders went looking for the right bank. They chose Atlantic Union Bank and have never looked back.
Homebuilding is a thriving industry today, but it wasn’t always that way. The housing crash of 2008 took many builders – and lenders – down with it. But Atlantic Builders not only survived, they emerged stronger. CEO Adam Fried thinks their choice of bank had a lot to do with that.
“Atlantic Union Bank not only stood by us,” notes Atlantic CEO Adam Fried, “They lent us funds to acquire new lots and keep growing when absolutely no other banks were active.”
Atlantic Union Bank has been part of Atlantic Builders’ success story from the very beginning. Their Spotsylvania offices were surrounded by acres of cornfields. Atlantic Builders had a vision to turn them into homes. With the lot acquisition and construction loans Atlantic Union Bank provided, the dream became real.
Today, in addition to construction loans, Atlantic Builders counts on Atlantic Union Bank to help them manage escrow deposits. They also appreciate the rigorous cybersecurity measures Atlantic Union Bank has put in place.
In addition to being aligned on business priorities, Atlantic Builders and Atlantic Union Bank also share a commitment to supporting the community – working together to build homes for wounded veterans, for example.
Looking for a bank that you can count on through all your ups and downs? Call the Atlantic Union Bank Commercial Banking Team at 800-990-4828.