State Street Financial - Helping Local Business Thrive

For companies trying to weather the economic storm that has gripped our nation over the past few years, a financial expert in your corner has become a valuable asset. In the offices atop the Doylestown Inn, Bill Cameron is quietly helping area business thrive. As CEO and president of State Street Financial, he and his staff are celebrating their second anniversary this month, helping entrepreneurs expand their operations – despite tenuous economic times. “It’s still a deep recession,” says Cameron. “We’ve seen some improvements, but it’s still a struggle for businesses to acquire the capital they need to grow. I started the company, knowing that we would be helping people.”

No matter the type of business, Cameron specializes in assisting companies with equipment loans and leasing, securing commercial mortgages, establishing lines of credit and negotiating mergers and acquisitions. “We look at each scenario differently and try to determine the needs of each individual business,” he says. “In the medical, security and software industries, we’ve seen expansion. In other sectors such as trucking and construction, growth has been contracting. But no matter whether a specific industry is flourishing or struggling a bit, we deal with numerous financial institutions across the country, which allows us access to many different sources of funds and the ability to secure better rates for our clients. We typically arrange deals between $5 and $50 million.”

Cameron, along with his business partner, Robert Simone, can often be found meeting and entertaining clients at Bobby Simone’s Restaurant and Bar, lending their over-75 years experience in helping commerce flourish. However, even beyond their expertise, one key factor that has helped set the duo apart: their personal touch. By staying in contact with their clients, whatever their needs may be, Cameron, Simone and State Street Financial have established relationships that go far beyond the boardroom. “A lot of my clients have become friends,” says Cameron. “I’ve developed personal relationships over the years. For me, that has made [the] business much more rewarding than just being a cold, harsh bank, getting money out. I see their companies, get to meet their families and sometimes even their children. It all amounts to a more positive and fruitful business community”

Go online at statestreetfi.com