FirstBank grants $2M loan to Deya Elevator Services
FirstBank announced Wednesday the approval of a $2 million loan to Deya Elevator Services Inc., a Puerto Rican firm that specializes in vertical transportation, namely elevators, linear transports and ramps.
The funding was granted under the Small Business Administration’s 504 Program, to purchase and improve Deya’s new premises in Guaynabo, and for operating expenses, company officials said.
“It is very important to us at FirstBank to contribute to the growth plans of Puerto Rican companies like Deya Elevator Services Inc., who celebrates more than 50 years of service,” said Rodney Irizarry, vice president of FirstBank’s Business Banking.
“This modern and spacious facility will enable customers to have everything under one roof, from technical assistance to the sale and repair of spare parts, with an unparalleled quality of service,” he said.
The state-of-the-art building, with a total of 30,000 square feet distributed in two floors, houses more than 100 employees who run the administration, operations and customer service areas for Puerto Rico and the Caribbean. It also houses an electronic parts repair shop; an in-house training school to constantly update employees’ technical capabilities; and a warehouse.
Dubai General Contractors carried out the building’s overhaul and construction, which lasted about a year. The design integrates the latest technologies in compliance with the requirements to make it accessible to all people. For utmost energy savings, the facilities include LED lights, high efficiency air conditioners and, an energy efficient, high-tech, panoramic elevator.
Deya Elevator Service Inc. began operations in 1962, offering repair services for elevators. Today, they specialize in the sale and maintenance of elevators, escalators, linear transports, ramps and new installations and retrofits. Simultaneously, under the Deya organization, it runs Deya Ropeway, a division that sells, installs, services and operates cable transport systems, such as gondolas, tramways, chair lifts and ski lifts.