Event Highlights How Community Banks Help with Small Business Funding

Lehigh Valley Economic Development Corp. – By Colin McEvoy on March 4, 2022

Lehigh Valley LaunchBox and Penn State Lehigh Valley hosted a virtual discussion with Lehigh Valley bank representatives to discuss information, incentives, resources, and advice that could help entrepreneurs support their business needs.

“There are so many resources here in the Lehigh Valley,” said Dinoli Rowlands, Regional Business Banking Relationship Manager with PNC Bank. “We’re so lucky to be in a place with such a vibrant entrepreneurial spirit; a place that supports entrepreneurs so well.”

The event, entitled “Community Banks Small Business Funding Opportunity,” was hosted online via Zoom on March 3 as part of the LaunchBox Ladies series, which seeks to help female entrepreneurs realize success in their ventures throughout Lehigh Valley and beyond.

Participating speakers included Rowlands; Alex Richardson, Commercial Banker at American Bank; and June Webre, Regional Banking Initiatives Officer at ESSA Bank. The discussion was moderated by Viacmely Jimenez of Penn State Lehigh Valley.

“Community banks provide about 60% of all small business loans, so we really can’t overstate the importance of community banks to entrepreneurs,” said Dr. Tina Richardson, Chancellor of Penn State Lehigh Valley.

Read the Full Article: https://lehighvalley.org/event-highlights-how-community-banks-help-with-small-business-funding/