Chesapeake Bank 6641 Main Street Gloucester, Virginia, 23061 Contact: Larry Lawrence Ph: (804) 693-2796 Fax: (804) 693-2826 llawrence@chesbank.com www.chesbank-cashflow.com Year established: 1900 Headquarters: Kilmarnock, Virginia Number of offices: 11

Being innovative and customer-service oriented has been a way of life at Chesapeake Bank since it was established in 1900.  One of the most creative ways the bank has helped companies finance high growth has been through their Cash Flow Program.

Since the inception of the program in 1996, Chesapeake Bank has helped hundreds of companies grow their business by providing next-day cash flow on a company’s sales.  Now offered in 11 states, the program helps well managed and profitable companies accomplish several things:

    • Fuel growth by providing next day cash on all credit sales

    •  Increase profit margins by accessing available vendor discounts on payables

    • Allow the ability to work with larger, slower paying customers without hurting cash flow

    • Gain peace of mind knowing there is cash in the bank account to meet payroll and pay bills

As many clients have remarked after being on the program, “I sleep better at night knowing that my bills are paid and I have one less thing to worry about in running my business!”

Larry Lawrence, SVP, has managed the program at the bank since its inception and says that the “Cash Flow program allows a business to grow at a faster pace, where a traditional line of credit, if not large enough, can hinder growth.”

Sales Manager, Kevin Wood, likes how the program fills a void in the banking industry.  “ I have spoken with hundreds of businesses that are doing things the right way but simply lack the cash to allow them to grow and take advantage of their opportunities.”  Kevin goes on to say “If your company would be more successful if everyone paid you with a credit card rather than waiting 45 to 90 days to get paid, you would like our program.”

With the ups and downs in the economy, cash flow is a constant need for small businesses and Chesapeake Bank’s Cash Flow Program is just the fit to help companies grow