When Townline Auto needed fuel for growth, Doug Blumenthal called us!

After 11 years doing business in the same location on the Plainfield-Danielson town line, Doug Blumenthal of Townline Auto Sales had big plans. With a growing customer list – and an expanding inventory of cars – Doug needed more space. He also needed a banking partner willing and able to help him realize his dream of building a big, new facility. That’s when he called Jewett City Savings Bank.

“When I approached them with my plan, the people at Jewett City Savings showed a huge interest in working with me,” Doug recalls. “They made it clear they wanted to help a local business grow.”

They also proposed an innovative financing solution: the Small Business Administration’s 504 Loan Program. This program provides SBA-guaranteed, long-term financing that promotes community economic development. Of course, as with any SBA program, there is a bit more paperwork involved than with a typical bank loan.

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“The people at Jewett City Savings Bank handled a lot of the paperwork for me,” Doug notes, offering particular praise for his JCSB Business Banker, Elle Rice. “Elle went over and above to help get the financing done. I can’t say enough about her. She really made it happen.”

Now, with his new 17,500-square-foot building nearing completion, Doug is looking to the future – and he isn’t done thinking big. “We’ll be expanding our inventory of quality used cars and I’m even exploring the possibility of a new car franchise,” he says. “Townline Auto has grown because of the trust customers have in us. And I feel the same way about Jewett City Savings Bank.”

Need some help fueling your business growth? Call Carolyn Forst or Elle Rice today at (860) 376-4444 or use our business information request form.