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Jan. 15, 2014 KANSAS CITY, MO Lead Bank of Lee’s Summit and Kansas City’s Angel Capital Group will join forces to offer unique funding options for area entrepreneurs and small businesses. With a strong connection between equity investment and traditional banking, this relationship will enable these two groups to help Kansas City start-ups by giving them additional funding sources, alleviating new business financial stress and bridging early funding gaps.
Focusing on a niche, but vital stage of private equity funding, the Angel Capital Group brings investors and entrepreneurs together in an environment that celebrates innovation and promotes performance. Today’s entrepreneurs are making great strides in many areas of business. By bringing investment capital to emerging growth fields such as science and technology, research and development and a myriad of other post-startup/pre-corporate companies and processes, this alliance will help coordinate finances from angel investors, venture capital, private equity and traditional banking institutes. “Our passion is innovation, so bringing investors and entrepreneurs together, accompanied by other financial institutions, gives startups another opportunity to succeed financially”, said Rachael Qualls Angel Capital Group Founder.
“The goal of Lead Bank’s participation is to provide the broadest and best platform for Kansas City area businesses to fund their growth and success”, said Lead Bank Vice Chairman Josh Rowland. “By coming together, having both investors from the Angel Capital Group and Lead Bank "at the table", entrepreneurs will know that the best possible resources are available for their small business.” Josh is also the newly elected President of the Kansas City Angel Capital Group. He will preside over the monthly chapter meetings, serve as the liaison between the local chapter and national organization and will help evaluate entrepreneurial businesses who want to receive angel funding. The recently started Open Pitch program provides local entrepreneurs with direct access to Kansas City chapter members by allowing up to three companies to present to the investors during the monthly meeting. “Open Pitch is a great way to start the conversation between the local investment community and the companies raising funding”, adds Josh.
About Lead Bank
For more than 85 years, Lead Bank has remained a strong independent commercial bank dedicated to delivering smart financial solutions for business owners, managers and their families and communities. With two Missouri locations in Garden City and Lee’s Summit, Lead Bank provides treasury management, lending services, and personal client products. Lead Bank also offers advisory services to companies from book keeping to business brokerage services through its division, Lead Business Advisors. For additional information about Lead Bank, visit www.leadbankonline.com