Exton, West Chester, Chester County Business Networking

Things our local Banker can do for you

Details

Created: February 18, 2020

Sanjana Soni with KeyBank, presented this week during our featured speaker section of the weekly LeTip meeting. As the personal banker with KeyBank, Sanjana can handle any banking needs that a business or individual may have.

KeyBank is located in 39 States. This large presence allows the KeyBank to provide many financial services that smaller institutions simply cannot provide.

For the Business Owner, KeyBank offers a full range of business banking products and options. Sajana highlighted some of the expert banking services that KeyBank offers.

• Business Checking Accounts
• Business Credit Cards
• Merchant Services
• Business Loans
• Much More!

KeyBank won the 2018 Best Business Bank Award for their quality services and business products!

Sajana is also an expert in the many individual banking products and services that KeyBank provides.

KeyBank offers a financial wellness program that walks you through your current financial situation and offers guidance on how to reach your financial goals. Whether your goal is to retire, purchase a home or auto, pay off debt, or simply save more, Sanjana and KeyBank have a banking solution for you!

The financial wellness program is a simple and effective tool to better your financial situation. By discovering where your financial strengths and weaknesses are, you can realistically set financial goals.

KeyBank also offers a full line of personal loan options. Sajana discussed one such loan known as a home improvement loan. KeyBank's home improvement loan can be used for a variety of home improvement projects. Upgrades to a home can be very extensive and very expensive.

KeyBank's home improvement loan can help finance many home projects including:

• Roof Replacements
• HVAC Replacements
• Remodeling Projects
• Many More!

Some of the other personal loan products that Sanjana can discuss include:

• Auto Loans
• Boat Loans
• Airplane Loans

Many people know their bank for simple banking products like checking and savings accounts. As your banking needs become more complex, you want a banker that can expertly guide you through the financial jungle.

From online banking to easy and streamlined lending, KeyBank is a leader in the banking industry.

Sanjana has been in banking for over 10 years. With expert insight and experience, Sanjana can help you achieve your financial goals.

You can learn more about KeyBank here: https://www.key.com/

Beautiful Flooring on a Budget

Details

Created: February 11, 2020

Zac Mento, owner of Superior Custom Flooring in Downingtown Pa, spoke about the advantages of luxury vinyl plank flooring. Luxury vinyl plank flooring has come a long way over the past 10 years. This flooring product looks great and doesn't cost a fortune to install.

Hardwood flooring will last a lifetime in your home if taken care of properly. This high quality product can be out of the budget of some homeowners. So what can a homeowner install in their home that looks great but won't break the bank?

Luxury vinyl plank flooring is a great value product. Some of the key advantages of installing luxury vinyl plank flooring includes:

• Waterproof
• Scratch proof
• Costs less than hardwood flooring but can look just as great

Another advantage of the luxury vinyl flooring is how easy it is to repair damaged areas. Let's look at a scenario: You are moving a large, heavy piece of furniture and it gouges the flooring. With laminate flooring, you would have to remove ALL of the planks from the wall to the damaged area to start replacing the damaged section. Not with luxury vinyl plank flooring! With luxury vinyl plank flooring, repairs can be localized to the damaged area WITHOUT having to remove ALL of the planks leading up to it. Easy to replace damaged sections is a huge benefit of the luxury vinyl product.

A great product is only as good as the installer. Zac and Superior Custom Flooring are experts in installing ANY type of flooring that you wish. What sets them apart from other flooring installers is their prep work and attention to detail. We've all been in homes that have squeaky floors. Superior Custom Flooring ALWAYS secures the subfloor BEFORE they install a new floor. This ensures a quiet, beautiful new floor for your home.

Zac is an expert at flooring. With over 20 years experience in the flooring industry, you can trust that Zac and Superior Custom Floors will make your home look great! From hardware and engineered hardwood, to luxury vinyl plank and laminate, they have a flooring solution for you.

Already have a hardwood floor that you love but looks worse for the wear? Not a problem! Zac and his team are experts at sanding and refinishing hardwood floors so that your flooring will look brand new again!

Superior Custom Flooring services Downingtown, Chester County, and ALL of South Eastern Pennsylvania. You can visit them at their website here:

https://superiorcustomflooring.net/

Dollars in Your Pocket

Details

Created: January 9, 2020

$1,772,672 generated in 2019!

LeTipCCE members passed 945 business leads (tips) in 2019, on average each of those tips was worth $1,876!

LeTip uses the term 'Dollars in Your Pocket' to describe revenue to your business that you wouldn't have generated if it weren't for your LeTip Membership. Here is a list of Dollars over the last few years.

2019 - $1,772,672

2018 - $1,271,692

2017 - $1,038,700

2016 - $942,836

2015 - $937,000

That's over $5,000,000 generated from direct or indrect leads sent by LeTip Chester County East members!

Refinance your Mortgage with The Rate Kings!

Details

Created: December 20, 2019

Lonnie Cooper from The Rate Kings, discussed a new refinance option for homeowners. This new refinance option incurs NO closing costs which can be a huge benefit to the homeowner.

Rates as of Lonnie's presentation were around 3.5%. This means that a homeowner that purchased a home a few years ago at a rate of 4% and above could benefit from a refinance.

A refinance of a home can potentially save hundreds of dollars for the homeowner every month. Since the homeowner is essentially "re-buying" their home at the current rate, they will incur closing costs as part of the transaction. Lonnie discussed how he has access to a new refinance program that does not involve closing costs to the homeowner.

Here is a basic scenario that Lonnie described where a homeowner could refinance for a lower rate and incur no closing costs.

Let's say that a homeowner purchased a property just a few years ago for 4.25%. Current mortgage rates as of this presentation are at 3.5%. The savings of this transaction would potentially not offset the closing costs associated with the closing costs of the refinance.

This is where Lonnie's new program comes into play. Lonnie can offer the homeowner a lower rate of 3.75% and cover the closing costs. This means that the homeowner still saves 1/2 a percentage point and doesn't pay any closing costs.

In this scenario, the homeowner doesn't get the lowest current rate of 3.5% but does save a good amount of money every month by refinancing. They also save by not having any closing costs. In fact, this homeowner save 1/2% every single month just for signing their name!

Read more: Refinance your Mortgage with The Rate Kings!