(last updated February 22, 2008)
Exports can mean big profits for a small business. However, when a company is just entering international markets, getting paid and dealing in foreign currencies can be a little intimidating. The World Trade Center of Greater Philadelphia Finance Referral Program helps you address these concerns. Below is a list of the WTCGP members with experience in international banking who provide consultations to small and medium sized enterprises interested in export operations.
These financial experts will help identify export-related issues and will suggest ways to handle these issues. Consultations may include discussions on:
• Global Payments
• Collections
• Financing
• Foreign Exchange
• Multi-Currency Services
• Investment
• Capital Market Requirements
• Asset Management
• Web-based Solutions
• And much more!
Once you have met with a member of one of these financial institutions, you decide on the assistance you need.
WTCGP members providing finance services:
6000 Atrium Way
Mount Laurel, NJ 08054
www.commerceonline.com
- Margaret F. Carolan, Vice President, Trade Service Products
Phone: 856-533-6554
Email: mcarolan@yesbank.com
1515 Market Street
Suite 110
Philadelphia PA 19103
www.hsbc.com
- Thomas Golabek, Senior Vice President & District Executive
Phone: 215-563-3172
Email: thomas.golabek@us.hsbc.com
213 Market Street
Harrisburg, PA 17101
www.mandtbank.com
- Scott Conrad, Assistant Vice President, International Trade Finance
Phone: 717-237-6821
Email: sconrad@mandtbank.com
Eagleview Corporate Center
690 Stockton Drive, Suite 302
Exton PA 19341
www.natpennbank.com
- Donald B. Heimark, Director, International Group
Phone: 484-691-3530
Email: dbheimark@natpennbank.com
1500 Market Street, Centre Square Building
25th Floor, Mail Code: PA1-CSW-25-01
International Trade Banking Department
Philadelphia PA 19102
www.sovereignbank.com
- James Wujcik, Regional President
Phone: 267-675-0617
E-Mail: JWujcik@sovereignbank.com
Areas of Specialization
Sovereign Bank offers full spectrum of International Trade Banking services to support the needs of Importers and Exporters. Below is a brief summary of services offered:
- Export LC processing, confirmations and discounting
- Export Documentary Collections
- Export Finance (short and medium term structured trade finance, EX-IM)
- Export LC online reporting via SovTrade IQ
- Import LC Issuance, online issuance and reporting via SovTrade WorkStation
- Import Documentary Collections
- Import Finance: BA financing
- Foreign Exchange
PA4818
One South Broad Street
Philadelphia, PA 19107
www.wachovia.com
- Glen A. Dooley, Vice President, Manager Global Trade Services
Phone: 267-321-6516
Email: glen.dooley@wachovia.com
Areas of Specialization
- Wachovia is the region’s pre-eminent trade processor, offering a full range of trade products and services including letters of credit, collections, wire processing, foreign currency hedging, and creative financing solutions.
- Wachovia offers a web-based service for transaction processing and reporting which facilitates exporter interaction with the bank and makes tracking payments simple and efficient.
- Wachovia has offices in more than 40 countries around the world to augment its extensive correspondent bank network as one of the leading payment banks in the world.
- Trade processing is a core competency at Wachovia which drives significant investment of technology dollars into the processing infrastructure, to the benefit of our clients.
- Though global in reach, Wachovia supports its trade clients with local trade experts with many years of experience to provide on-the-ground counseling and advice.
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