Did you know that 98% of all businesses in Franklin County are locally owned? Or that Ohio small businesses employ over 2 million employees.
While Small Business Month is observed each May, it's worth noting why we celebrate these aspiring entrepreneurs, side-hustlers, and business endeavors of all kinds. They help the economy blossom!
According to the U.S. Department of Treasury, "Entrepreneurship continues to surge: the United States averaged 430,000 new business applications per month in 2024, 50% more than in 2019 and over 19 million new applications since the end of 2020."
When it comes to establishing and growing a small business, not all entrepreneurs have access to critical resources, including capital. As the #1 SBA lender among Ohio credit unions, Telhio recognizes the tough landscape of navigating the world as a small business. That's why we specialize in small business lending. This approach is unique from other financial institutions and credit unions and allows us to personalize our services to businesses across central and southwest Ohio.
Telhio is fueling dreams and the economy with a partnership of more than 3,000 business owners to ensure our communities and members are poised for growth and success. As we invest in small businesses, we're equally investing in the job market, financial wellness, and economic stability.
Our business services include a full range of financial products including:
- Business Checking and Savings Accounts
- Business Credit Cards
- Business Lending Solutions
- Treasury Management Solutions
- Select Employer Group (SEG) Programs
Stop into one of our 12 local branches to learn more about how Telhio can help your business needs or visit https://www.telhio.org/business.
