Published On: Wed, Oct 7th, 2015

RBC Business Banking new client brings great value to the economy

RBC Business Banking GibbsWILLEMSTAD - Another success for business banking in Curaçao with the closing of the large loan facility with owner of Rodeo House or Ribs, Steven Gibbs. With over 24 years of successfully managing one of the islands’ most famous steak house restaurants, Steven Gibbs thought it was time to diversify his business by adding real estate to the hospitality portfolio.

Commenting on the close of the transaction Area Vice President Business Banking Russell Kopke reflected: “Steven Gibbs demonstrates longevity, tenacity and strong fundamentals that very strongly contribute to our economy”.

Gibbs took the initiative to contact the RBC Business Banking department for an informal conversation.  That conversation was the beginning of a new long-term relationship, as our Relationship Manager, Elizangela Silberie, took the time to understand the client’s needs and arranged for a comprehensive financing solution.

With the new client on board and with the knowledge that this client had future expansion plans that included expanding its portfolio with real estate in the up-and-coming Bonaire economy, Elizangela kept in close contact with the client and remained available to discuss financing plans and options available to him. Steven Gibbs looks back at a successful journey to finally close the transaction that would allow him to realize his dream of creating a diversified business.

“Since 2010, I came to the realization that the hospitality industry alone as a business would not cut it to deliver long term success in the market place. And as a businessman I love to think about new opportunities for expansion and diversification of my business. So, real estate was first on the list of viable options. Thanks to the RBC Business Banking team and close ongoing guidance of my Relationship Manager, Elizangela who believed in my dream to walk me through the financial technicalities and requirements, to finally create a picture of my future business by establishing the loan facility we recently signed. Elizangela, gave her all and stretched the extra mile even farther to help me realize my dream!”, says Steven Gibbs.

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