Notes from the CEO
Northern California Business Resources
Five Star Bank takes pride in being one of the few community banks working with new and emerging businesses. Our team works closely with Sacramento-area small business customers and the Small Business Administration to provide financing for everything from building acquisitions to small operating lines of credit. Our commitment to this region is the same for businesses, large and small. Part of that commitment is providing insight to business owners to help get them started.
Initiatives of financial institution regulators, such as, Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), include efforts to improve community access to credit. This resulted in the formation of Greater Sacramento Community Development Forum and the website NorCalBizResources.com. This website is a resource is a list of FREE technical resources and non-traditional lenders specifically geared toward helping small businesses develop and grow. So for those businesses that are too small or too “raw” to qualify for bank financing, it provides an answer to the question, “where do I go from here?”
Mike Lee of Five Star Bank says“…there are budding entrepreneurs who need help developing their ideas into viable business plans, or whose financing needs are very, very small. Because no Loan Officer likes to say “no” to a great new idea, the Bank is happy to have participated in the development of the NorCal Small Biz resource.”