Ensuring Small Business Matters

NORTHAMPTON, MA / ACCESSWIRE / September 20, 2023 / Regions Bank:

Regions leaders kicked off National Black Business Month by connecting with entrepreneurs and small-business owners at the National Urban League Conference.

By Candace Higginbotham | August 31, 2023

During National Black Business Month, Regions Bank is highlighting Black entrepreneurs and organizations like the National Urban League, who are helping small-business owners build long-term success.

Small Business Matters.

That was the theme at the entrepreneur summit at the National Urban League Annual Conference. And Regions, which has a rich history with the organization, played a significant role at the Houston gathering in highlighting a shared priority: supporting and advancing Black-owned businesses.

"Small and minority-owned businesses are important drivers for our local economies - in small towns, rural communities and large metropolitan areas," according to Leroy Abrahams, head of Community Affairs at Regions Bank.

"At Regions, we understand how critical it is for these businesses to flourish, and teams across the bank work to serve, support and provide resources to ensure their success and continue to create more inclusive economic development in our communities."

Abrahams was on hand for the National Urban League conference, along with Latrisha Jemison, Regional Community Development Manager and other members of Community Affairs. They were joined by a team of Regions bankers who participated in a panel discussion at the Small Business Matters Entrepreneurship Summit.

"The National Urban League Conference is one of our most important events of the year," Jemison said. "And being able to engage with Black business owners and entrepreneurs and provide advice and guidance to them was a great opportunity for us."

Small and minority-owned businesses are important drivers for our local economies - in small towns, rural communities and large metropolitan areas

Leroy Abrahams, head of Community Affairs at Regions Bank

Supporting and Elevating Businesses

The discussion was led by Chad Cargile, Commercial Banking leader at Regions, and focused on a very timely topic: rising interest rates and the special challenges experienced by small business owners.

"Our Regions Bank team is incredibly proud to welcome the National Urban League Annual Conference to Houston," Cargile said as he opened the discussion.

"Regions is committed to supporting and elevating small businesses, particularly in under-resourced communities, to help advance their growth. We know that every entrepreneur's journey is different, meaning every small-business owner has different needs."