Case Study:
Institute for Environmental Assessment, Inc.

Company Profile

How’s the air quality in our schools? Hospitals? Is asbestos being safely removed? How do institutions comply with ever-changing environmental laws with a practical, cost-sensitive approach?

IEA knows. The growing environmental health and safety consulting business helps public and private organizations manage air quality and myriad other issues. IEA has more than 65 engineers, industrial hygienists, safety experts and asbestos/lead removal specialists—plus close access to other consultants. They work with schools, health care organizations and businesses to address environmental safety and quality issues, balancing shifting legislation with cost sensitivities.

From its corporate offices in the Twin Cities area and satellite offices in three other Midwest locations, the company serves clients throughout the United States.

Situation

IEA was founded in 1986 by Bruce Bomier, who led the organization until January, 2009, when Jeffrey Athmann took the helm. As part of the company’s growth plans, IEA was looking for a business line of credit to serve its needs. Jeffrey says: “Our goal was to get an adequate line of credit with no personal guarantees and good terms.” They looked to several financial institutions, including Alerus Financial’s commercial banking division. 

Solution

IEA’s relationship with Alerus Financial is new, although Jeffrey did have commercial and personal banking experience with an Alerus banker from his prior professional positions.

 “Alerus made a commitment and kept its commitment,” Jeffrey explains. “Alerus has provided attentive personal service with prompt decisions made right here. We’ve never felt that extraneous time or people were involved in handling our requests.

“It was a smooth transition to begin working with Alerus Financial, and our banker takes care of details with quick, accurate follow-through,” Jeffrey continues. “Plus, he’s been helpful in arranging meetings with other professionals who may become our customers. It’s reassuring to do business with Alerus Financial.”

 

 

 

 

Institute for Environmental Assessment, Inc.
Brooklyn Park, MN

ieainstitute.com

Business Type

Professional Services

Services Used

Commercial Banking
Business Line of Credit

Quick Links

meet our team
ask us a question

View our full case study library
Alerus Logo
© Alerus Financial All Rights Reserved
alerus.com | Contact Us