Duquesne Brewing President Mark Dudash recalls the lending climate in the post-federal bank bailout of 2008 as tight and restrictive for the small business owner.
"That’s why when we first incorporated, we financed with personal assets," Mark shared. "After a successful 18 months we ventured into the credit markets but could not find a lender willing to back us even though we had a sound business plan and proven sales record."
Mark had almost given up his search for a lender until First Commonwealth came into the picture.
"They had actually sought us out; stopping by our offices to introduce themselves one afternoon," Mark remembered. "First Commonwealth had heard our story about bringing back a successful beer brand of the past and wanted to see if we had any banking needs. They quickly become our lending partner and have assisted us as our business has grown."