True North Capital Partners
Mat Glauninger and Jeff Bruce • HIFS Customers since 2014Why They Chose Hingham
Jeff Bruce and Mat Glauninger were looking for a bank that took the time to understand their business. They take a unique approach to development with a mission to refresh the buildings they rehab one unit at a time, and in turn, improve the surrounding community. They had worked with other banks in the past and were challenged with lending processes that did not align with their business model.
Jeff and Mat were impressed that Hingham’s senior executives and lenders got to know them, their business, and the communities they served. Hingham was able to deliver financing that allowed True North to successfully execute their value-add strategy and has resulted in a long-standing relationship between True North and the Bank.
True North has gone on to do six more deals with Hingham since becoming a customer in 2014. They are active users of the Bank’s cash management services and have enjoyed the dedicated, personal relationship they have with their bankers at Hingham.
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Size
Over 950 units across 11 properties
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Market
Real Estate
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Services Used
Remote Deposit Capture, Wires, ACH, Positive Pay
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Staff
20+ employees, 30+ contractors
Why They Chose Hingham
Jeff Bruce and Mat Glauninger were looking for a bank that took the time to understand their business. They take a unique approach to development with a mission to refresh the buildings they rehab one unit at a time, and in turn, improve the surrounding community. They had worked with other banks in the past and were challenged with lending processes that did not align with their business model.
Jeff and Mat were impressed that Hingham’s senior executives and lenders got to know them, their business, and the communities they served. Hingham was able to deliver financing that allowed True North to successfully execute their value-add strategy and has resulted in a long-standing relationship between True North and the Bank.
True North has gone on to do six more deals with Hingham since becoming a customer in 2014. They are active users of the Bank’s cash management services and have enjoyed the dedicated, personal relationship they have with their bankers at Hingham.
See how we can help you