ESTABLISHED
Paula feels confident. She wants to save and invest for retirement and future children’s education, start a business, and give back to her community.
Situation:
Has built a strong financial foundation, with a good credit score and diverse financial products, including retirement and education savings.
Gets small business loan.
Becomes a mentor supporting other newcomers.
Barriers:
Lack of knowledge about how to access business loans.
Opportunities for financial institutions:
Develop business loan programs for newcomers looking to start their own businesses.
Provide tax-efficient investment options and advanced wealth management.