North Carolina

North Carolina Business Owners Seek Relief After Hurricane Florence

SBA Loans North Carolina

WINSTON-SALEM, NC (September 28, 2018) - Small business owners in North Carolina affected by Hurricane Florence face an uncertain path to recovery.

The Small Business Administration offers disaster loans specifically for victims of Hurricane Florence.

"I'm doing some research now about (Federal Emergency Management Agency) grants, disaster loans, and claiming flood insurance so I'll be prepared to advise clients in the aftermath," said financial planner Matt Stevens.

Read the article here.



Entrepreneurial Spirit Reignites Community Banks

North Carolina Business Loans

RALEIGH, NC (September 18, 2018) - Community banks are vital for entrepreneurs - they provide 44% of all small business and farm loans, and are the only banks available in one out of five counties in the United States. As small businesses themselves, local banks can thrive and grow by pursuing key principles of entrepreneurship.

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Startup Community Banks Flourish in North Carolina

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GREENSBORO, NC (March 22, 2018) - After the Great Recession of 2008 and subsequent trend of bank consolidation, North Carolina is now seeing a wave of new community banks sprouting up.

“It is that time in the life cycle of community banks that many of the community banks have merged with other larger organizations, leaving business and community leaders desirous of a local bank with local decision-makers,” Lee Burrows Jr of Banks Street Partners of Atlanta says. “Banks that carve out a particular niche or expertise and utilize cutting-edge technology stand a greater chance to succeed.”

Read the article here.


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