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May Q&A: Available now
This month, the Making Sense team answers client questions related to trade policy developments and their impacts on key economic issues.
See how First Citizens helped Martin's Distribution manage its working capital to expand its operations.
First Citizens Bank x Martin's Distribution
Meeting your ambition at every stage
Giovanna Prieto, VP Operations, Martin's Distribution: When my dad was starting Martin's Distribution, we would all come home from school, get all our homework done and help pack spices. Fast-forward to now, Martin's Distribution has over 900 products, and we deliver all around.
Martin Prieto, CEO, Martin's Distribution: We met Juan about 15 years ago, and he's the main reason why we are with First Citizens.
Juan Tisera, SVP, Commercial Banker II, First Citizens Bank: Martin was growing rapidly, but the tools that he was using in his previous bank were really elementary for his type of business. I was able to give him advice on how to manage his working capital and how to start using the lending tools that the bank provides. We were able to expand his fleet from four or five trucks to almost 20.
Giovanna: We went from a 10,000-square foot facility to a 35,000-square foot facility.
Martin: You can put your money anywhere, but First Citizens brings key players like Juan that understand our business.
Giovanna: We appreciate that Juan sees our vision. He cares for this like it's his own.
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