Article

Community Banks and Small Business Loans

KMP_2223-2.jpg

Many small business owners are denied bank loans from major thrifts to help fuel their operations and are left looking for alternatives. One option may be small community banks. In this article, regional and community banks are referenced as valuable sources for small business loans. With such institutions comes the advantage of a more personal relationship with bank management. Trust simplifies the loan process and can lead to a long-term partnership. Additionally, some community banks offer advisory services to borrowers, making for a more efficient use of capital. Just as small community banks provide an alternative option for loans, prepaid credit cards serve as an alternative spending tool for small business owners who cannot obtain traditional, corporate cards.

Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry. 

Indian male ceo executive manager mentor giving consultation on financial operations to female African American colleague intern using laptop sitting in modern office near panoramic window.

Happy Holidays! Earn More Cash Back and Watch It Grow!

Businessman working on a laptop computer in the office. He is happy and smiling and there is a window behind him. He is casually dressed

A Surprisingly Easy Way to Save Money, Raise Profits, and Simplify Operations

Business, presentation and man on a laptop in a corporate conference or office collaboration with a woman at work. Businessman, manager or coach for marketing, strategy and sales working with CEO.

Latest PEX Features & Enhancements to Improve Cash Flow, Productivity, and Security

Stay up to date on the latest PEX news!

Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).