Todd Hollander: February 27, 2016

Union Bank’s Small Business Economic Survey Finds Entrepreneurs Less Optimistic

After Spiking in 2015. Small Business Owners Feel Less Positive About the Current and Future Business Climate

Todd_Hollander

Todd Hollander

Managing Director and Head of Business Banking for Union Bank

Union Bank announced the results of its annual Small Business Economic Survey, showing that small business owners are less optimistic about 2016 than 2015 mainly because of uncertainty surrounding election implications and interest rates.  Half of business owners are either unprepared or don’t know if they are prepared for interest rate chances.  Forty four percent of owners believe the Affordable Care Act is the most concerning election issue for them, followed by immigration, equal pay and foreign trade.

Todd Hollander is available to you and your listeners to discuss the findings from the bank’s latest small business economic survey, one of the longest-running surveys in the industry, and to help people understand the needs of small business owners.  Todd can also speak about the small business industry in general, and what Union Bank is doing to support small businesses.

MORE ABOUT TODD HOLLANDER:

Todd Hollander is a managing director and head of Business Banking for MUFG Union Bank, N.A.  The Business Banking group serves businesses with up to $50 million in annual revenues and offers a comprehensive group of products and services for businesses and their owners, including deposit solutions, loans, lines of credit, specialized credit programs and online business products.  A 25-year industry veteran, Hollander served as vice chairman of the Consumer Bankers Association’s (CBA) Small Business Banking Committee during 2015.  In October 2015, he began serving a two-year term as the committee’s chairman.  Hollander graduated from San Diego State University and completed post graduate work at Stanford, the University of Chicago, and the Consumer Bankers Association’s Graduate School of Retail Bank Management.

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