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Category: Business Recovery

Featured on NJBIZ: Changing channels

April 26, 2021

A year into the pandemic, with the outlook for SMBs in New Jersey seeming slightly better based on recent economic data, Piermont Bank founder and CEO Wendy Cai-Lee explores how to leverage your bank to help stabilize your business, finance your growth and move forward. And how your bank can play a more active role in helping […]

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Categories: Banking, Business Recovery, News Coverage

Remote Leadership and the Power of Partnerships: Finding the Upside in a Pandemic

July 14, 2020

While we continue to hurdle the obstacles handed to us by this crisis, it is remarkable to watch certain leaders tackling new challenges and discovering hidden opportunities in the process. Read the “Lonely CEO” Column.

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Categories: Banking, Business Recovery

Podcast: Healing ‘Pain Points’ for Multigenerational Family Businesses

July 8, 2020

On the latest episode of the ABA Banking Journal Podcast, our CEO Wendy Cai-Lee discusses with Evan Sparks and Monica C. Meinert at ABA Banking Journal on how Piermont Bank is built to heal “pain points” for multigenerational family businesses.

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Categories: Banking, Business Recovery, News Coverage

Featured on CNBC: Here are five lessons that entrepreneurs can apply to their businesses, post-PPP

June 10, 2020

As we are trying to reopen our businesses, here are five lessons that our CEO Wendy Cai-Lee shared with CNBC for entrepreneurs to consider for their businesses post-PPP. “Aside from stress-testing themselves, entrepreneurs should understand the impact of their constituents,” said Wendy Cai-Lee, CEO of Piermont Bank. Read more on how it pays to have a local banking relationship, know a CPA and maintain a bank account for your business:

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Categories: Business Recovery, News Coverage

Featured on New York Times: Keeping Your Business Going May Mean Both Growing and Shrinking

May 18, 2020

Reopening is on top of many business owners’ minds. We’ve seen throughout this pandemic the importance of stress testing your business and evaluate critical factors like cash flow, supply chains, sales channels, and business partner relationships before determining the best path forward. Our CEO Wendy Cai-Lee is quoted by The New York Times on how businesses can pivot to survive.

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Categories: Business Recovery, News Coverage

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