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Ixonia Annual Report 2017

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Midwest Engineered Systems<br />

Not everyone understands Midwest Engineered Systems (MWES) innovative “one off” business, the intangible collateral, and<br />

the unique needs that exist during the procurement phase. Scott Woida, President and Founder of MWES, appreciates <strong>Ixonia</strong><br />

Bank’s progressive, forward-thinking approach. As MWES continues to pursue and attract new opportunities in the marketplace,<br />

the access to capital they’ve been extended will assist them in achieving their goals.<br />

“<strong>Ixonia</strong> Bank took a different kind of look at our business, instead of viewing each part and piece, they viewed the entire<br />

project,” Scott had to say about the process. “It makes it a whole lot easier.”<br />

Basin Precision Machining<br />

Basin Precision Machining may be one of <strong>Ixonia</strong> Bank’s newest clients, but after only a few short months together, they find<br />

themselves with a solid foundation and a growing partnership. Due to the bank’s unique approach of understanding Basin’s<br />

business value, they were able to provide Basin with the opportunity to grow by securing them a working line of credit and<br />

a term loan on their equipment.<br />

“It’s a pleasant change from what we’re used to,” said Erik Anderson, President of Basin Precision Machining, “They truly<br />

understand my business and their level of customer service is something that I’ve never quite seen before.”<br />

For more in-depth stories, visit www.<strong>Ixonia</strong>Bank100.com<br />

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