Pioneer Bancorp Inc.

09/26/2024 | News release | Archived content

Capital Region Chamber: Pioneer’s Express Small Business Lending Drives Growth, Success for local Companies


Capital Region Chamber: Pioneer's Express Small Business Lending Drives Growth, Success for local Companies

9.26.24

"Express Small Business Lending fills a growing need for financing of this type. Amid the consolidation of banking institutions regionally and nationally, it has become more difficult for small businesses to secure vital funding, particularly in amounts at this level. That is not an issue at Pioneer. Headquartered in the Capital Region and solely focused on this area for more than 135 years, decisions are made locally by employees who live and work in this community.

In fact, many of the applications received to date have originated in one of Pioneer's 22 local branches. They often start with conversations between business owners and trusted Pioneer employees, who can point to Express Small Business Lending as a viable option for generating capital."

Read the full story from the Capital Region Chamber here.