Banking Tips

Navigating the Waters of Debt Refinance with Summit Bank’s SBA Lending Program

In the ever-evolving business finance landscape, debt refinancing is a strategic approach many small business owners consider to improve their financial health and sustainability. Amidst the plethora of lending options available, Summit Bank’s SBA Lending Program has emerged as a cornerstone for businesses aiming to refinance existing debts under more […]

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A Strategic Approach to facilitating Partner Buy-in with Summit Bank’s SBA Program

In the dynamic business ownership and partnership landscape, scenarios often arise where a partner wishes to buy into an existing business or increase their stake. While promising for future growth and alignment of business goals, this process requires significant capital investment. Summit Bank’s SBA Lending Program emerges as a critical

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A Comprehensive Guide to utilizing Summit Bank’s SBA Program for Business Acquisition

The journey of entrepreneurship often leads to the opportunity to acquire an existing business, a path filled with potential for rapid growth and expansion. Yet, the financial hurdles of such an endeavor can seem formidable. Summit Bank’s SBA Lending Program is a beacon for aspiring business owners, offering a structured

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Building a Strong Business Community through Corporate Social Responsibility: Summit Bank’s Commitment

In a world where the role of businesses transcends mere profit-making, corporate social responsibility (CSR) stands as a pillar in fostering more vital communities. At Summit Bank, we have woven CSR into our corporate DNA, recognizing its pivotal role in shaping a thriving business ecosystem. In this article, we shed

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Empowering Women in Business

By Stacy Koos, SVP, Market Development Officer  In our quest to bring you inspiring stories and insights from successful entrepreneurs, we recently had the privilege of interviewing Cassie Jones, an accomplished entrepreneur and partner at Gleaves Swearingen LLP. Cassie shared her journey, experiences, and valuable lessons learned along the way.

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Eights Tips for Scaling your Business

By Darvin Fowler, SVP, Co-Commercial Team Lead Greetings, entrepreneurs of Eugene and Springfield! If you’re looking to take your business to the next level, it’s essential to have a well-thought-out strategy in place. In this newsletter edition, we’ll explore critical strategies for scaling your business in our vibrant community.  1.

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Summit Bank Celebrates Sustainability with Blue Lotus Masala Chai and Mountain Rose Herbs

By Chloe Tirabasso, VP, Business Client Advisor Blue Lotus Masala Chai: Tradition Meets Eco-Conscious Enterprise Summit Bank is delighted to spotlight Blue Lotus Masala Chai, a brand that has successfully brought the authentic Indian chai experience to the US while embedding sustainability in its core. A passion for tradition and

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Central Oregon Economic Trends

As covered in the segment on the national economy, there are thousands of leading indicators from which to forecast future conditions.  There are exponentially fewer at the local/regional level to track economic shifts.  We rely on population, employment, wages, and housing trend data to forecast the financial future.  Here’s a

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