Consider Donating Please

Dear friends & colleagues

As a brief update, in the 4th quarter of last year I joined Beneficial Bank to commence our new initiative into SBA lending.  After spending the time necessary to introduce SBA lending to our bank, and acquainting myself with the bank operations and colleagues, I am happy to report that we are now operational and actively pursuing SBA loans.  You can learn more about our SBA program by visiting thebeneficial.com/SBAloans.asp.

About Beneficial

Serving local communities of the Greater Philadelphia area since 1853, Beneficial is the oldest and largest bank headquartered in Philadelphia.  Beneficial offers a full array of financial products.  Beneficial’s local presence provides customers with direct access to our CEO and Management Team.  

• Beneficial Bank was founded in 1853 by St. John Neumann
• Gerard P. Cuddy is the President and CEO
• In January 2015, Beneficial became a fully public company with shares of its common

  stock trading on the Nasdaq Global Select Market (BNCL)

• Beneficial has approximately $5 billion in total assets
• We have nearly 900 employees and 56 locations in the greater Philadelphia region
• In 2010, Beneficial introduced its Campus model, an education-based banking concept

  that furthers our mission to educate our customers to do the right thing financially 

I Specialize in SBA Loans

• For acquiring, renovating or construction of commercial owner-user real estate
• For business acquisitions, expansions or start-ups
• To refinance debt and/or provide working capital
• Loans up to $5M but in some cases, $15M
• Terms 7 to 25 years
• Real estate with as low at 10% down
• Fixed rate SBA loans
• Just to name a few features . . . 
• I can also arrange, 

Commercial Real Estate Loans—Refinance Purchase and Construction for investors and developers

Commercial Loans—C&I, Owner-User Real Estate, Business LOC, M&A, etc.

• Loans amounts range from $500K to $25M.
• Terms are competitive and can extend up to 25 years when CRE is included.
• Rates are generally fixed (including for SBA loans).

On a personal note:

As many of you are aware, earlier this year we lost our 20-year-old son Rocco in a fatal auto accident just a half mile from our home. While we continue to struggle every day and remain devastated, we are very grateful for our family and friends who have supported us as my wife, Michelle, my daughter, Chloe, and I attempt to gain comfort and strength from each other and to make sense of a life without our beloved son and brother.  Please visit the website below and help us raise funds in Rocco’s name, for the The Gift of Life Family House of Philadelphia.

https://www.crowdrise.com/roccopperateiiifamil/fundraiser/roccoperate)

 Thank you,

Rocco P. Perate

SVP & Director of Goverment Guaranteed Lending at Beneficial Bank

Ph: 610-547-2945

E-mail: rperate@thebeneficial.com