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Bank branch in Birmingham

The Bank of Ann Arbor has opened a branch of its newly launched Asset Based Lending Group in downtown Birmingham at 260 E. Brown Street. This new branch location houses retail banking, commercial lending, and asset based lending was acquired from Nicolet National Bank after formerly being part of mBank. “We are excited to join the very successful team at Bank of Ann Arbor who have built a welcoming culture for its clients, employees, and community,” said Ed Lewan, president of Asset Based Lending at Bank of Ann Arbor. “Asset Based Lending offers another banking solution for organizations with special circumstances. Our team works directly with the client to assess their needs and find a solution.” Lewan said he joins the team with more than 35 years of banking experience, most of which has been in asset based lending. He and his team provide services to organizations who may have experienced rapid growth, profitability challenges or other events that may make traditional bank financing unavailable to them.

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Business Matters for the Birmingham - Bloomfield area are reported by Lisa Brody. Send items for consideration to LisaBrody@downtownpublications.com. Items should be received three weeks prior to publication.

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