SPOTLIGHT ON BUCKS | PURO-TEC

Puro-tec Property Restoration

A Q & A with Julie Ferris, Office Manager from Puro-Tec Property Restoration.

Q:  Describe your business.

PURO-TEC Property Restoration is a full-service restoration contractor. In our work, we complete disaster recovery services, re-construction, professional, specialized cleaning, and new construction/remodeling through working with policy holders, insurance companies, and property owners. Our company provides emergency services that have been caused by water, fire, smoke, or wind. We are a small business operating out of Bensalem, Pennsylvania.

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NOTEWORTHY NEWS | KREISCHER MILLER PULSE SURVEY RESULTS

Kreischer Miller’s Center for Private Company Excellence Releases Results of Private Company Pulse Survey™

Private Company Sentiment Index™ Falls for First Time in 18 Months

Kreischer Miller, a leading independent accounting, tax, and business advisory firm serving the Greater Philadelphia and Lehigh Valley areas, today announced the results from its most recent Kreischer Miller Private Company Pulse Survey™, conducted via the firm’s Center for Private Company Excellence.

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FINANCIAL TOOLBOX | PIDA INTEREST RATES

PIDA Interest Rates for the Fourth Quarter of 2018

For Real estate loans financing eligible land and building costs, borrowers will have the following interest rate options:

For term loans with a regular amortization;

1. Fixed interest rate for the full term of the loan (up to a 15-year period), set at the current ten-year treasury yield + 100 basis points. Based on the current ten-year treasury yield, the fixed rate option is 4.00% for the life of the loan.

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FINANCIAL TOOLBOX | DBFI

Diverse Business Financing Initiative (DBFI)

Program Overview

The Pennsylvania Department of Community and Economic Development has launched the Diverse Business Financing Initiative (DBFI) to support and grow qualifying diverse businesses committed to full-time job creation and retention. Certified small businesses operated by minorities, women, veterans, service-disabled veterans, LGBT individuals, and more qualify for low-interest loans packaged and underwritten by the Bucks County Economic Development Corporation (BCEDC) in partnership with PIDA.

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COMPANIES ON THE MOVE

World’s Largest Cardanol Producer Acquires Bristol Facility for $3,130,000

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, recently announced that it represented 140 Wharton, LP in the sale of their manufacturing/warehouse facility located at 140 Wharton Road, Keystone Park, Bristol, Bucks County, PA to TOK Investment Properties, LLC, an entity related to Cardolite Corporation.

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THE BOTTOM LINE | PECO

PECO Has New, Increased Financial Incentives for Commercial and Industrial Projects

PECO is offering new, increased financial incentives for several energy efficiency upgrades, effective immediately. These higher incentive levels make improving energy efficiency even more affordable and will help you to implement more upgrades. 

High-efficiency equipment can expand profit margins while offering improvements in customer retention, worker comfort, facility attractiveness and performance. LEDs provide brighter illumination through fewer total fixtures. LEDs typically use 25–80% less energy than traditional incandescent bulbs and can last up to 25 times longer, saving on maintenance and operating costs.

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THE BOTTOM LINE | DELVAL

Experience The Delval Difference

As an employer, you need the best and brightest of employees. Here’s how you can partner with The Center for Student Professional Development at Delaware Valley University to nurture the talent that will help your organization thrive in the years to come.

Post Job Opportunities

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NEW MEMBER | RSM

At RSM, It’s All About Our Clients

RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment. 

At RSM, it’s all about our clients.

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MEMBER’S CORNER | PECO

PECO Offers High-Efficiency Lighting Products at Significant Discount

PECO is partnering with a growing number of distributors to offer on-the-spot discounts for LED lighting products. Commercial and industrial customers can make facility improvements at lower cost without needing to fill out an application. 

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MEMBER’S CORNER | UBCC

UBCC Announces Hiring of Next Executive Director

Upper Bucks Chamber of Commerce has selected its next Executive Director, and she lives in Milford Township.  Danielle Connelly-Bodnar will become the UBCC’s next top chief on October 8. She’ll take the reins from long-time Executive Director Tara King, who announced her retirement earlier this year. 

“The search committee is thrilled to make this announcement,” said Jason Wehrung, UBCC Board of Directors President. Wehrung is President of Wehrung’s Lumber and Home Center.

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