Powering Business Evolution

At The Bancorp, we are dedicated to providing employees with resources to grow and thrive in an open, collaborative, and inclusive environment. In this blog, Maria Mejia explains what makes an effective Learning & Development program and how to keep employees engaged and excited about their career growth.

Over the past decade, there has been a global call on drivers, auto manufacturers, and companies at large to reduce their carbon footprint. Since taking office, President Biden has made that call even louder with proclaimed plans to electrify America.

The Bancorp banking products and services create opportunity for holistic wealth management. With our white-label lending and deposit products, financial professionals can directly offer clients’ the financial flexibility to meet their individual needs, while strategically managing assets and liabilities to preserve wealth.

The senior living industry is at a crossroads. Currently, the number of retiring Baby Boomers will exceed available facilities and their expectations include high-end amenities like gourmet dining and golf courses. However, with a growth mindset and the availability of SBA loans, senior living facilities have the opportunity to grow and redefine what life looks life after retirement.

At The Bancorp, Employee Resource Groups bring employees together under a common unifying thread. David Mulrooney shares his experience as a founding member and co-chair of one of our ERGs, Employees That Serve.

The short supply in the real estate market has resulted in the need for fast down payments or cash purchases. When your clients need fast access to funds, The Bancorp Securities-Backed or Insurance-Backed Line of Credit (SBLOC and IBLOC, respectively) can be the answer.

Because of the shutdown, fleet orders for the 2021 model year have been cut-off much earlier than normal, and as a result, businesses that are currently looking to replace or add vehicles to their fleets may have noticed that it’s becoming increasingly difficult to do so.

Starting a new business can be one of the most rewarding experiences of your life. And with the right preparation, you can increase your chances for success and build a business that lasts well into the future.

While tax incentives will help cut costs for departments with already tight budgets, there are other benefits for governments to shift their fleets to electric, including improved departmental image, as well as reduced maintenance costs.

A great way to prepare for peak season is to ensure the company’s fleet is not only on a cyclical maintenance schedule but also a proper replacement schedule.

If you’re considering a career change but apprehensive of starting your next venture remotely, it’s not as scary as you may think. Believe me, I went through the process myself.

As we turn the page on a tumultuous year, many of us are looking ahead to a better and brighter 2021. And while the pandemic will hopefully fade into memory, one thing is still unavoidable: taxes.