CHB Funded 864 Transactions in 2019

FOR IMMEDIATE RELEASE
January 23, 2020

CONTACT: Amy Doll
PHONE: 308-633-9306
EMAIL: adoll@pvbank.com

WHEATLAND, Wyoming – January 23, 2020. C.H. Brown Co., LLC (CHB) concluded a successful 2019 in good form and funded 864 loans and leases to small and mid-sized businesses during the year. CHB partners with numerous finance brokers and vendors across the U.S. to provide equipment finance solutions to borrowers who need capital to grow their business.

During its 27-year history, the company has experienced both gains and losses. In 2019, CHB concluded another consecutive year of growth by funding $43.8M to companies in the transportation, construction, and agricultural industries. These transactions resulted in a 6.4% growth rate over 2018.

CHB received over 4,500 credit applications during the past year from nearly 140 different finance brokers. Further, CHB was able to increase its broker partnerships an additional 33% by adding 49 new companies with whom it conducts business.

CHB continues to embrace its founding traditions of honesty, personalized services and a strong commitment to its customers. Their mantra of quick, simple and fair approvals is evident in their fast turnaround times and their careful consideration of every funding request.

CHB provides competitive fixed loans and leases and has the ability to operate in 49 states. It is part of Platte Valley Financial Service Companies, Inc. which in addition to C.H. Brown Co. LLC., Wheatland, Wyoming also consist of Platte Valley Bank in Scottsbluff, Gering, Bridgeport, Morrill, and Sidney Nebraska; Platte Valley Bank in Casper, Torrington, Cheyenne and Wheatland, Wyoming; Mountain Valley Bank in Walden, Steamboat Springs, Hayden, and Meeker, Colorado; J.G. Elliott Insurance Center in Scottsbluff, Nebraska and Casper, Torrington and Wheatland, Wyoming.