Small Business Week ran from May 16 to 20, 2011 and as part of their commitment to lend $12 billion to small businesses this year, Chase Credit Cards offered a cash bonus to small business owners if they opened an account.
Chase spokesman Richard Quigley explained that new Ink Rewards and Ink Bold credit card accounts which were opened during small business week received an additional $200 cash back bonus. Chase had over 5,400 neighborhood branches and their credit card service centers participate in small business week 2011, with business customers being able to gain access to various limited edition deals and rewards during the event.
Chase also offered two special online benefits for company owners as part of their participation in small business week. Chase offered business checking account customers the opportunity to visit local branches and pick up exclusive invites to an online marketing webinar hosted by Google. All participants received a bonus $100 Google AdWords credit to allow them to put their new found skills to use immediately. Quigley said,
Google has been a tremendous partner with Chase, helping our clients get immediate benefit from their advice and experience.
Small business owners were also able save an additional $100 on Chase’s new Instant Storefront e-commerce tool. In a recent study, many Chase customers said they were expanding their online business to attract more customers and increase revenue, the bank launched the storefront tool in order to assist customers achieve their goals.
Some of the additional rewards and benefits shared with small business customers during small business week included discounted origination fees on small business loans; closing costs waivers on some qualifying real estate loans; and $100 cash back for new business checking account customers.
Chase were just one of the banks involve in small business week, which is an annual event organized and run by the Small Business Administration. Visa were one of the main cosponsors for the event during which the Small Business Administration set up a wide range of free educational forums in Washington D.C. , with free web casts for those small business owners elsewhere in the United States.
Although the forums, luncheons and awards ceremonies all took place at the Mandarin Oriental Hotel and Conference Center in Washington D.C., banks and other financial institutions participated in similar ways to Chase, offering additional deals and rewards for their small business clients nationwide throughout the week.