Financial Cents | Arizona's Financial Podcast

Business Loans for Women, Minorities, Veterans, and LGBTQ Businesses

July 14, 2022 Carly Klein and Chris Sarver Season 2 Episode 3
Business Loans for Women, Minorities, Veterans, and LGBTQ Businesses
Financial Cents | Arizona's Financial Podcast
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Financial Cents | Arizona's Financial Podcast
Business Loans for Women, Minorities, Veterans, and LGBTQ Businesses
Jul 14, 2022 Season 2 Episode 3
Carly Klein and Chris Sarver

Being a business owner is hard. For some minority groups it’s even harder when getting access to capital has been a challenge. At National Bank of Arizona, we’re providing greater equity for women, minority, veteran, and LGBTQ business owners through our Small Business Diversity Banking Program.

In this episode of Financial Cents, Brent Cannon, EVP and director of community banking, and Chris Sarver, VP and business banking team lead at National Bank of Arizona, speak with Carly Klein, founder and president of National Hair Loss Med Aesthetic, about business challenges for women, minority, veteran and LGBTQ business owners.

National Bank of Arizona understands that access to capital can be a challenge for businesses owned by minorities, women, veterans and the LGBTQ community. So we’re investing in greater equity for these communities through our Small Business Diversity Banking Program. Under the Equal Credit Opportunity Act, this program is dedicated to give a wider access to loans and lines of credit through Special Purpose Credit Program eligibility standards. Visit https://www.nbarizona.com/diversity/ for more information or talk to a banker.

Financial Cents is hosted by Brent Cannon, executive vice president and director of community banking, and features insightful interviews and discussions with bankers at National Bank of Arizona. Based on decades of banking experience, Financial Cents provides the insights you can only get from a friend in the business.

Subscribe from your favorite podcast platform by visiting: https://www.nbarizona.com/financial-cents/

Do you know your banker’s name?  https://www.nbarizona.com/business/

#diversity banking #small business loans for minorities #equity

Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/

Show Notes Chapter Markers

Being a business owner is hard. For some minority groups it’s even harder when getting access to capital has been a challenge. At National Bank of Arizona, we’re providing greater equity for women, minority, veteran, and LGBTQ business owners through our Small Business Diversity Banking Program.

In this episode of Financial Cents, Brent Cannon, EVP and director of community banking, and Chris Sarver, VP and business banking team lead at National Bank of Arizona, speak with Carly Klein, founder and president of National Hair Loss Med Aesthetic, about business challenges for women, minority, veteran and LGBTQ business owners.

National Bank of Arizona understands that access to capital can be a challenge for businesses owned by minorities, women, veterans and the LGBTQ community. So we’re investing in greater equity for these communities through our Small Business Diversity Banking Program. Under the Equal Credit Opportunity Act, this program is dedicated to give a wider access to loans and lines of credit through Special Purpose Credit Program eligibility standards. Visit https://www.nbarizona.com/diversity/ for more information or talk to a banker.

Financial Cents is hosted by Brent Cannon, executive vice president and director of community banking, and features insightful interviews and discussions with bankers at National Bank of Arizona. Based on decades of banking experience, Financial Cents provides the insights you can only get from a friend in the business.

Subscribe from your favorite podcast platform by visiting: https://www.nbarizona.com/financial-cents/

Do you know your banker’s name?  https://www.nbarizona.com/business/

#diversity banking #small business loans for minorities #equity

Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/

Intro
Carly's company: National Hair Loss Med Aesthetic
Small Business Diversity Banking Loan
How this special loan type works
Why is it important for banks to offer these types of loans?
Banking wasn't that competitive historically
Minority groups haven't had equal access to capital in the past
Carly's tips for women and minority small business owners
Chris' tips for minority small business owners
Brent's tips for small business owners
Mistakes small business owners make
What a business should demand from their banker
Closing thoughts
Disclosure