Construction - First Horizon Bank

Industry Expertise

Construction Industry Solutions

Find the financial tools to build your construction business.

At First Horizon Bank, we know the construction business well. That’s why we’re focused on delivering services that strengthen your bottom line and pave the way for growth.

How You Benefit

Faster, local lending decisions
Support from a multi-faceted deal team with deep, specific skill sets

What We Offer

Working Capital Financing – Funding for new expansion, equipment, vehicles, etc. to help improve your business
Acquisition Financing – Funding to help expand geographically, add capacity to existing operations, expand internationally, remove competitive threats, etc.
Owner-Occupied Real Estate Lending – Short- or long-term funding for commercial real estate investments and projects
Equipment Financing – Loans and lines designed specifically for investments in new equipment and equipment upgrades
Business Equipment Leasing– Improve cash flow and protect yourself from obsolete technology by leasing your equipment

How You Benefit

Real-time control over cash cycle to manage revenue fluctuation
Back-office efficiency that creates cost savings
24/7 monitoring and controls to mitigate fraud

What We Offer

ACH – Quickly concentrate customer and vendor receivables into one cash pool
Remote Deposit Capture – Deposit checks electronically, without a trip to the bank
Account Reconciliation – Flexible, automated systems to aid in the reconciliation of checks issued and deposits made to your high-volume business accounts
BusinessConnect and TreasuryConnect – Get 24/7 access to First Horizon’s highly secure web server to view your organization's prior-day, current-day and real-time banking information
Wire Transfer – Provides your business with a fast, highly secure transfer system for moving funds to and from accounts at other banks
Business Bill Pay – Pay bills and simplify accounts payable with 24/7 access online or on the go
Check Positive Pay and ACH Positive Pay – Help combat check and ACH fraud and forgery by matching the detail presented for payment against authorized payments
Commercial Card – A payment card for business expenditures with spending limits and controls that can be customized to your company’s needs

How You Benefit

Automate processes to right-size back-office resources
Organize and outsource complicated HR systems
Build competitive advantage with online operational tools and insights

What We Offer

Merchant Services – Streamline operations, accept and manage more types of payments and uncover insights on sales
Integrated Payroll, HR and Benefits Solutions – Help relieve the everyday pressure of running your business by outsourcing your payroll and HR functions
Commercial Card – A payment card for business expenditures with spending limits and controls that can be customized to your company’s needs

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The First Horizon Bank Advantage

Working with First Horizon Bank offers your construction business several distinct advantages:

A broad range of lending services to meet supply and demand side needs
A comprehensive, end-to-end approach to cash cycle management
A proven Treasury Management service model
An experienced team with hands-on construction industry knowledge
The strength and stability of a trusted financial institution that has served customers for more than 150 years