The current business banking climate is operating more like an hourly forecast with the current market shifts and changes in the economy. A proponent of small businesses, Telhio has a distinct vantage point of the current economic landscape.
As a credit union and not-for-profit, Telhio is deeply committed to its members and the local businesses that power their communities. More than 45 percent of Ohio's workforce is employed by a small business, furthering the impact that entrepreneurs and small businesses have on our economy.
For many entrepreneurs, managing a new small business is a risky venture, but Telhio's firm partnership with the Small Business Administration (SBA), enables relationship managers to deliver on the American dream and empower business owners. As the #1 SBA lender among Ohio credit unions, Telhio is invested at every stage of the small business venture - offering best practices, financial resources, business planning and financial projections.
A recent conversation initiated by Columbus Business First addressed the components of SBA lending with Zach Williams, Vice President, Community Business Banking Manager at Telhio. An exchange of perspectives was shared about Telhio's diligent efforts toward small business retention and growth. With the expected challenges of inflation, tariffs, and general cost increases, small businesses are forced to explore different avenues to keep afloat while balancing consumer expectations.
Read the entire interview and learn more about how Telhio is partnering with Ohio's small businesses here.
