South Burlington Vermont based Bank of Burlington is raising $30,150,000.00 in New Equity Investment.
South Burlington, VT – According to filings with the U.S. Securities and Exchange Commission, Bank of Burlington is raising $30,150,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Alison Abry played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Bank of Burlington
Vermont is about community, and it deserves a local bank run by locals. We will bring extensive knowledge of our market, creative and custom solutions, and best-in-class technology to grow Vermont businesses. We will be quick; we will be nimble; we will be responsive to our customers needs. BoB uses three main providers, focused on cloud-based solutions for greater responsiveness, convenience and reduced overhead compared to branch-centric banks. BoB is focused on Commercial Businesses. The small organizational structure enables creative lending solutions to grow small and mid-size businesses. BoB is guided by a deep understanding and commitment to local market landscape, enabling nimble and flexible local decision-making.
To learn more about Bank of Burlington, visit http://www.bankofburlington.com/
Contact:
Alison Abry, Chief Financial Officer
802-992-1213
alison@bankofburlington.com
https://www.linkedin.com/in/alison-abry-b4a1bb38/
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