Carly was growing her business at a rapid rate but was running into a ceiling with traditional underwriting guidelines. That’s when Chris Sarver from National Bank of Arizona suggested to Carly to apply for the Small Business Diversity Banking Program. As a female business owner, Carly qualified and within weeks was able to get the lines of credit she needed for her business.

“[It] alters traditional underwriting guidelines to make it easier for small businesses, specifically minority, veteran, women and LGBTQ-owned businesses to access capital quickly,” Chris Sarver explains, “that was the design of the program and that’s how it helped Carly to grow because we could get access to capital quickly for her.” 

If you are a minority, woman, veteran, or LGBTQ-owned business and need help getting access to capital to grow your business, learn more about our services or contact a banker.

Financial Cents is hosted by Brent Cannon, executive vice president and director of community banking, and features insightful interviews and discussions with bankers at National Bank of Arizona. Based on decades of banking experience, Financial Cents provides the insights you can only get from a friend in the business.