Decision-makers representing approximately 1,675 small and mid-size businesses participated in SunTrust's survey. Half of the businesses surveyed agree that their primary bank has helped to improve their company's financial well-being.
"Clearly more businesses today are looking for the right tools and investments to help them grow," said Kuntz. "We work to understand the unique circumstances of small and mid-market businesses and tailor solutions to each client. For example, many businesses are now ready to invest in new technology or take actions to better manage cash flow. A financial institution can help with that game plan."
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2013, SunTrust had total assets of $172.4 billion and total deposits of $129.9 billion. Through its flagship subsidiary, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com.SOURCE SunTrust Banks, Inc.