HONOLULU (HI Now) - Central Pacific Bank has been named the U.S. Small Business Administration’s Lender of the Year for Category 2, marking the 17th time the bank has received the honor since 2004. Susan Utsugi, Group Senior Vice President and Division Manager of Business Banking, joined the program to discuss the recognition and what it means for Hawaii’s small business community.
Utsugi said the award reflects the bank’s long-standing commitment to supporting local entrepreneurs, noting that CPB’s team also swept the gold medals in the individual lender categories this year. She described the bank’s bankers as dedicated advocates who help business owners navigate the complexities of financing.
Utsugi said access to capital is critical for business growth, allowing companies to invest in equipment, expand operations and take their next big step, whether they are an established brand or a startup. She added that SBA loans are a flexible tool that can be tailored to a wide range of businesses, from family-owned shops looking to purchase their first commercial space to tech startups hiring local staff.
For business owners considering a loan, Utsugi encouraged them to start the conversation, saying that having access to capital can be the difference between staying in place and reaching the next level of success. She said CPB’s team is ready to help and can be reached at any branch or online at cpb.bank.
Ready to see how Central Pacific Bank can help you reach your financial goals? We got you – visit cpb.bank today!
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