CA bank launches minority, female business initiative
Published on 05/16/2012
California Bank & Trust (CB&T), in affiliation with Latina Style, Inc., launched its TEAM initiative in mid-April, which will provide tools, resources, access to financing, knowledge and expertise to help minority and women-owned businesses make informed decisions and to overcome challenges in getting access to financing.
"TEAM is a comprehensive approach designed to address the issues faced by many minority and women business owners, especially access to financing," says Betty Rengifo Uribe, California Bank & Trust Executive Vice President. "Access to capital is the number one impediment to the growth of small business owners. California Bank & Trust and Latina Style are working together toward a goal of helping Latina entrepreneurs gain access to the financing they need for their businesses to succeed. Our goal is to show them what they need to qualify and obtain the financing required to help their businesses succeed."
The initiative focuses primarily on Latina-owned businesses, but it also encompasses all minority-owned businesses in California.
