Chase for Business.
Various Hispanic small businesses including a dress shop, barber shop, vitamin store, and Devocion—a stylish café and coffee store in New York.
Anthony Chan. Chief Economist, JPMorgan Chase & Co.
Hispanic businesses play a very important role in the U.S. economy. They have revenues of about $668 billion, and they account for about 86% of all the new business start-ups. That means there's a huge opportunity for growth.
A man clasps hands with his barber. Then, Steven Sutton, owner of Devocion.
We opened the doors for Devocion Brooklyn in 2014. When I was looking at the coffee world, I didn't find really high-end Colombian coffee. There was a space to do something different. From the beginning, when this was just an idea, Chase supported us with not only the tools they give us to make our lives simpler, but also the relationship that we have with them.
Freshly roasted coffee beans, patrons at the spacious Devocion café and customers using their Chase cards at the register.
Flavio Cosenza. Executive Director, JPMorgan Chase & Co.
Chase is embedded in just about every community, and the U.S. Hispanic community is no exception. Their business bankers are particularly trained in helping small business owners launch or sustain, grow their business, and they're uniquely qualified to cater to our customer base.
Women entrepreneurs enthusiastically participate in a Chase for Business luncheon workshop.
We love to be in Brooklyn, we love our customers. We employ around 15 people. We're actually opening another coffee shop, and I'm very excited.
Hispanic businesses hire 36 1/2 million people. That works out to about one in four workers in the United States. So as Hispanic businesses succeed, so does the rest of the U.S. economy.
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