Spotlighting the role of regional banks in the small business community

Spotlighting the role of regional banks in the small business community

In the wake of the failures of Silicon Valley and other regional banks, it's important to remember the?crucial role these banks playin the small business community. They’re economic growth engines and more likely to lend to entrepreneurs and startups. And as providers of the majority of the country’s lending, small banks help power women and minority-owned businesses, often?creating targeted programs for these entrepreneurs.

With clear alignment around the value of regional banks, small businesses can play a role in raising awareness for this important source of capital. It starts with building relationships with small banks and finding opportunities to work together to strengthen the business community. This kind of recognition of regional banks as active members of the community will help prevent federal interventions that could hurt the local ecosystem.

CHESTER SWANSON SR.

Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan

1 年

Thanks for sharing.

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