Regions Bank offers flood-recovery seminar


Regions Bank and the Tennessee Small Business Development Center at Tennessee State University will hold a “Small Business Flood Recovery Seminar”

on June 15 from 10 a.m. to noon at TSU’s Avon Williams Campus in downtown Nashville.

The event will put consultants and other service providers in front of local businesses still struggling to recover from May’s catastrophic flooding. The event, which is free, is being put on as a way to continue to offer help for those at all levels of the recovery process, said Jim Schmitz, Regions’ area president for Middle Tennessee.

“In Middle Tennessee, small businesses are critical to the economic strength and overall vibrancy of our community,” said Jim Schmitz, Area President for Middle Tennessee for Regions Bank. “It is a priority for our team at Regions to do everything we can to help those affected by the flood regain solid footing, and providing access to leading experts is just one way we can offer our support.”

A panel of industry experts from the bank, Kraft CPAs, Waller Lansden Dortch & Davis and Pathway Lending will address some of the following issues:

  • “Are there tax consequences and benefits?”
  • “How do I work with my bank to get some payment relief?”
  • “What should I expect from my insurance company?”
  • “How do I get back on my feet?”

In addition, representatives from the Tennessee Business Development Center and the Small Business Administration (SBA) will participate. These organizations will help victims understand the myriad resources available to help devastated businesses. In addition, the SBA’s representative can answer questions about the organization’s disaster recovery loans, which are being accepted until July 6, 2010.

The Avon Williams campus is at 330 10th Ave. North. For more information on forum, please call (615) 748-8928.