Traditional Venture Capital Model Turned on Its Head with Launch of New Scottsdale Firm

In Revenue Capital, the first operator-immersive capital firm focused on early-growth investing, today announces its official launch. Founded by serial entrepreneur Justin Gray and sales & marketing expert Josh Wagner, the new firm is setting out to fix the broken venture capital (VC) system. Unwilling to accept the fact that only 8% of all funded startups actually return … [More]

EN NEGOCIOS: Invertir en Coaching Financiero: Una Guía para Propietarios de Pequeños Negocio

por Edgar R. Olivo

Últimamente, la importancia de la planificación financiera y la estrategia de crecimiento se ha vuelto cada vez más clara para los dueños de pequeños negocios. Con la evolución de la economía, se ha vuelto aún más crucial que los dueños de pequeños negocios tengan una comprensión profunda de sus finanzas. Desafortunadamente, muchos pequeños negocios no pueden permitirse el … [More]

Investing in Financial Coaching: A Guide for Small Business Owners

by Edgar R. Olivo

In recent years, the importance of financial planning and growth strategy has become increasingly clear to small business owners. As the economy continues to evolve, it has become even more critical for small business owners to have a deep understanding of their financials. Unfortunately, many small businesses are unable to afford the cost of a full-time CFO. But there is good … [More]

Arizona Nonprofit to Expand with Campaign and Financing through Enterprise Bank & Trust

Enterprise Bank & Trust announces the closing of a finance agreement that will support a $21 million construction project which is part of a $25 million philanthropic expansion campaign for Child Crisis Arizona. The agency provides emergency shelter, foster care, adoption, counseling, early education, and parenting support services to Arizona’s most vulnerable children, … [More]

Credit Union Appoints New President & CEO

Arizona Financial Credit Union is pleased to announce the promotion of Amy Hysell from executive vice president/chief innovation officer to president and chief executive officer effective January 1, 2023. With more than 25 years of experience at Arizona Financial, Hysell will continue to drive the credit union’s soundness and growth throughout the state to bring diversified … [More]

Starting Fresh with Personal Finances in the New Year

New Year equals new personal goals. Closing out 2022 in a challenging economic environment affected by housing market slumps, an erratic stock market, and inflation makes it more important than ever to get personal finances in order this new year – especially after the additional expenses that hit our bank accounts during the holiday season. “Feeling a sense of control over … [More]

Bank Addresses the #1 Risk to Arizona Small Businesses: Cyberattacks

Integro Bank announced that with cyber-attack risks representing the #1 threat to small businesses, it is now offering increased cyber risk protection to its clients. Business owners should be concerned that "53% of all cyber-attacks target small businesses and 60% of small businesses that are victims of a data breach, permanently close their doors within six … [More]

BMO Wealth Management Names New Leadership

Amid accelerating growth, BMO Wealth Management’s Arizona office is introducing new leadership and expanding its capabilities to local businesses and high-net-worth clients. BMO’s Arizona office serves as the hub for the Western United States and is now led by Managing Director, Michael Blanton. The Scottsdale resident previously served as managing director for BMO Wealth … [More]

New Phoenix-Based Bank Obtains SBA Approval

Integro Bank announced that it obtained approval from the U.S. Small Business Administration (SBA) as an approved lender in the federal SBA 7(a) Loan Guarantee Program. The bank now has a fully staffed 6-person SBA department and is accepting loan applications from small business owners for both SBA 7(a) and 504 loans. With $31 million in equity, the bank is able to provide as … [More]

Major Bank to Expand Credit Access for Small Businesses through Credit Program in Historically Underserved Communities

Chase has announced the national launch of a Special Purpose Credit Program (SPCP) to improve access to credit for small business owners in historically underserved areas. The program is the first of its kind to be offered for small business owners nationally and one of many initiatives Chase has introduced to expand small business relationships, drive inclusive economic growth … [More]

Financial Services Co. Opens Scottsdale Headquarters

345 Wealth Management, a full-service financial services firm focused on comprehensive planning as it relates to the accumulation, distribution, and transfer of wealth, moved into its headquarter office, which is located at 4835 E. Cactus Road Suite 255 in Scottsdale. The firm, founded by industry veterans Dillan Micus and Patrick Kearns, has already grown to nearly 20 … [More]

Prestamos CDFI to Provide Emerging Micro-Entrepreneurs Help to Gain Access to Capital Grants

Prestamos CDFI, a division of Chicanos Por La Causa (CPLC), is excited to be the recipient, for a third year in a row, of the U.S. Small Business Administration (SBA) Program for Investment in Micro-Entrepreneurs (PRIME). Through this grant, Prestamos CDFI will be able to support 700 disadvantaged small businesses by providing training and technical assistance, including … [More]

Tacoma-Based Bank Expands Business Lending Division to Arizona

Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc., announced the expansion of its Commercial Lending Division into Arizona with the appointment of veteran Phoenix-area banker Ryan Summers. Summers, with 14 years of commercial banking experience, will build a team dedicated to delivering the full suite of business lending … [More]

Florida-Based Community Bank Enters Phoenix Market with SBA Division

American Momentum Bank has entered the Phoenix market by hiring SBA lending veteran Tim Collins to serve as Vice President, Nationwide SBA Business Development Officer III. The hire comes as the community bank continues the national expansion of its Tampa, Fla.-based SBA Lending Division. Collins will serve clients nationally, focusing on Phoenix and the Western U.S. … [More]

Scottsdale-Based Financing Co. Arranges Nearly $150M for New Arizona Build-to-Rent Developments

Tower Capital arranged $185.7 million in financing for four Build-to-Rent (BTR) developments that will result in 740 units delivered in Arizona and North Carolina. The financing encompasses three new projects in the Phoenix market, including $67.4 million for Village at Carver Mountain, $59.6 million for Village at Sonoran Vista, and $21.2 million for Montana Del Sur, as well … [More]

Arizona-Based Bank Ranks #1 among Banks Above $50B

Western Alliance Bancorporation announced its primary subsidiary, Western Alliance Bank, ranks #1 among the nation’s top-performing large banks with $50 billion or more of assets per American Banker, the leading industry trade publication. The article in American Banker focuses on the bank’s powerful performance and momentum, stating that, “Western Alliance, which crossed … [More]

Portland-Headquartered Bank Expands Middle-Market Team in Phoenix

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona. Today's announcement marks the latest development in Umpqua's Western U.S. expansion. Late last year, Umpqua hired … [More]

Northern Trust Appoints New Phoenix Region President

Northern Trust has appointed Curtiss Smith as Phoenix Region President, where he will lead the team in the delivery of outstanding client service and accelerate the growth of the Northern Trust Wealth Management platform. Most recently, Smith served as Senior Banking Director for Northern Trust markets in Arizona, Nevada and Colorado. Previously, he held positions at … [More]

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