Small businesses may be receiving some good news shortly from Bank of America. The franchise bank is planning on recruiting around 100 small business bankers in Texas by the end of 2012’s first quarter, reports say, which is said to be a part of Bank of America’s drive to hire more than 1,000 small business bankers.
Bank of America stated that the Dallas-Fort Worth region would be among the first three markets in the United States to begin hiring small business bankers. The bank also stated that it has already hired 75 bankers across the entire state of Texas.
Wondering what these small business bankers do and why you, as a small business owner, should be interested? Well, small business bankers will consult directly with small business owners directly at their places of business and assess their company’s deposit, credit and cash management needs.
Kim Ruth, Market President of Houston and Texas for Bank of America, stated that “the small business bankers are able to provide business owners across Texas with the financial guidance they need to keep their businesses moving forward, which in turn will benefit our state’s and nation’s economy.”
According to a recent report from the United States census bureau, 96% of all business owners in Texas are small business owners that have less than 100 employees, employing approximately one-third of the state’s workforce. These new small business bankers could be just the thing our economy needs to get back on its feet. Well, it could be a start.
Source: Banking Business Review – Bank of America to hire 100 small business bankers across Texas