Fifth Third Bank announced today that it has extended more than $6.5 billion in new and renewed credit to business customers from July through September 2012. During the first nine months of 2012, Fifth Third Bank lent more than $20.5 billion to businesses throughout its footprint. “Fifth Third remains committed to providing businesses access to credit to help them expand and generate jobs,” said John Bultema, executive vice president and head of Business Banking for Fifth Third Bank. “We believe businesses, both large and small, play a key role in revitalizing our economy and our local communities.” Companies who have received loans from Fifth Third Bank during this time period include:
- Charter Global, an Atlanta-based information technology consulting and staffing firm. The company secured a line of credit, commercial credit card services, deposit services and a treasury management program through Fifth Third Bank to foster its growth plans.
- Gentlecare of Vincennes, a full-service nursing home facility in Vincennes, Ind. owned by G.C. Healthcare Services, Inc. The company received a United States Department of Agriculture (USDA) term loan to refinance business debt, improve cash flow and increase access to working capital.
- Metcam Incorporated, a metal fabricator located in Alpharetta, Ga. The company secured a loan, deposit services and a comprehensive treasury management suite of services from Fifth Third Bank to accelerate cash flow and help increase its market share.