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  • Cape Cod 5 Named SBA Massachusetts #1 Lender of the Year to Women Entrepreneurs

    Cape Cod 5 Named SBA Massachusetts #1 Lender of the Year to Women Entrepreneurs
      
    Hyannis, MA – Cape Cod 5 has been awarded the Massachusetts Lender of the Year to Women by the U.S. Small Business Administration (SBA) for fiscal year 2021. Cape Cod 5 approved over $2.5 million in SBA loans during the year, with 50% of loans made to women-owned businesses – more than any other lender in the state.
     
    “Small businesses, which are the lifeblood of our local economy, have been hard hit over the past two years and each employee at Cape Cod 5 has worked diligently to support our businesses as they’ve adapted through change and uncertainty,” said Dorothy A. Savarese, Chair and CEO of Cape Cod 5. “We are proud to receive this recognition for our efforts to assist women entrepreneurs access funding through SBA programs, as they are essential to the strength and vibrancy of our communities.”  
     
    The U.S. Small Business Administration helps make the dream of business ownership a reality and empowers entrepreneurs and small business owners with the resources and support they need to start and grow their businesses. It delivers services to people through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
     
     
    About Cape Cod 5
    Founded in 1855, Cape Cod 5 is an independent state-chartered financial institution with over $4.7 billion in assets. Through its 26 offices, Cape Cod 5 offers a broad range of financial products and services to customers living and working on Cape Cod, Martha’s Vineyard and Nantucket and in Southeastern Massachusetts communities. Products and services include consumer and commercial banking products; residential mortgages; investment management and trust services. Member FDIC. Equal Housing Lender. NMLS #401717.

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