Synovus Bank EQ2 Investment

Sabre Finance receives $500,000 investment
from Synovus to support entrepreneurship in Alabama

BIRMINGHAM, Ala., June 26, 2024 – Sabre Finance has received a $500,000 investment from Synovus to reach underserved entrepreneurs starting and expanding small businesses through responsible and intentional funding.

“On behalf of the Sabre Finance board of directors and our staff, I am delighted that Synovus has chosen to invest in our organization,” said Ray Morris, CEO of Sabre Finance. “The investment from Synovus allows us to deploy much-needed capital to small businesses across Alabama. Sabre Finance has a longstanding partnership with Synovus, and we are most grateful for their continued support.” The $500,000 Equity Equivalent (EQ2) investment from Synovus allows nonprofit community development financial institutions like Sabre Finance to raise capital with features that behave like an equity investment, improving the organization’s economic strength.

“Synovus is committed to supporting small businesses that boost economic growth in local communities,” said Nelson Bean, Alabama division CEO of Synovus. “Our partnership with Sabre Finance has allowed Synovus to provide funding for underserved small businesses, including advisory services and other resources, fulfilling our purpose to enable people to reach their full potential.”

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Select Clients
 

Co.starters

create birmingham

markham bailey

quick trick

scarecrow security

integrated media systems

knight eady

day star construction, inc.

atlas rfid

pa on call - alabama

regional planning commission of greater birmingham

Testimonials