Regents Bank: Poised to Help Businesses Grow in 2012

Regents Bank San Diego Business Loan Application

 

As the last 10 days of 2011 are upon us, there’s a good chance you’re giving heavy thought to what your plans are for your business in 2012. Growth and expansion are very likely to be major objectives for your company. But as we know, sometimes an infusion of capital from an outside source is needed to fuel a company’s expansion.

Regents Bank, with offices throughout San Diego, would like nothing more than to help you grow your company.  We’re a bank with a vested interest in helping San Diego businesses grow. We started with a handful of experienced bankers with only a dream just over 10 years ago, and we’ve become one of San Diego’s most admired community banks since then. As fellow entrepreneurs, we know the challenges growing businesses face.  Our leadership team has been recognized for both their professional and community achievement. We live here, are raising our families here; and we want to help you achieve your business goals for your good and the good of the community. Your success is our success.

Many businesses are hesitant to reach out for financial assistance in light of the economy the past four years. Their loan applications have been declined by large banks and therefore they assume a smaller bank would be even less inclined to approve a commercial loan. This assumption is not based on fact. And actually, the opposite holds true: community banks are approving business loans at a much higher rate than the “large banks”.

According to a December 13, 2011 article in Banc Investment Daily, “Community banks continue to be the backbone of small business lending and jobs opportunity in this country. If you were beginning to doubt that, or thought the bigger banks would eat your entire lunch box and all the food within it, consider a new survey by Biz2credit. Analysis of 1,000 loan applications found approval rates for small business financing requests were 45.1% for community banks, while rates for banks with assets above $10B were only 9.2%. Yes, you read that right– community banks approved 5x more small business loans than large banks on average.”

As we’ve always been told, “You never know until you ask.” Contact a Regents Bank professional today. Let’s talk about your situation and see if we can help. We look for reasons to say “yes” to companies like yours that drive the economy of the San Diego community. We’re all in this together. Let’s make 2012 a great year of growth for your company and our community as a whole.

(Regents Bank has offices in downtown San Diego, Carlsbad, El Cajon, La Jolla and Vancouver, WA. Visit our website at www.regentsbank.com).

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Posted on December 19, 2011, in Regents Bank and tagged , , , . Bookmark the permalink. Leave a comment.

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