American National Bank (ANB) joins the Small Business Administration (SBA) in celebrating National Small Business Week, June 17 through June 21. American National Bank, which has been serving the needs of South Florida’s small business community for over 27 years, is reminding everyone about the critical role community banks serve in supporting local small businesses.
Small businesses are critical to the economic stability of this country and it must be noted that small businesses have accounted for 65 percent of the private sector job creation over the past 15 years. American National Bank not only supports local small businesses through unparalleled lending, but ANB is also a local small business itself. This means that American National Bank understands the local market better than anyone and also understands the challenges their customers face.
Community banks under $10 billion in assets, such as American National Bank, provide nearly 60 percent of small business loans between $100,000 and $1 million. For their size, community banks are prolific small business lenders—providing a substantial number of small business loans across the country.
“By lending to local entrepreneurs and small businesses, we help our local economy thrive—driving economic growth and prosperity,” said Amy Engelberg, Executive Vice President and Chief Lending Officer of American National Bank. “We are honored to serve our communities’ small businesses and are proud to recognize the important role they serve during Small Business Week.”
Serving Fort Lauderdale and the South Florida area for over 27 years, American National Bank is a locally-owned community bank with over $220 million in assets. We are proud of our tradition of delivering personalized service complemented by a comprehensive portfolio of up-to-date banking products and services to meet the needs of small businesses and professionals.