Chase Offers Small Business Customers Incentives to Celebrate Small Business Week

New York (PRESS RELEASE – May 15, 2011) – To celebrate Small Business Week, Chase is offering small business customers $1,000 in incentives to expand their relationship during the week – and two exclusive eCommerce solutions to help run their businesses more effectively over the long run.

These programs continue the momentum of Chase’s recent commitment to lend $12 billion to small businesses in 2011. Part of Chase’s strategy is to expand both its lending and deposit businesses through Small Business Week promotions such as the following $1,000 in savings, rebates and refunds*:

  • New Business Checking account customers will receive $100 when they deposit $500 or more in their new account
  • Up to $250 off the origination fee for new loans/and annual fee for new loans/lines of credit originated this week
  • $200 cash back bonus for new Ink Rewards or Ink Bold credit card customers
  • $100 off cash bonus on Instant Storefront
  • Waived closing costs on owner occupied real estate loans, up to $250
  • $100 in credit for Google Adwords

*Details available only by visiting with a Chase banker during Small Business Week

In addition to the offers on new products, Chase teamed up with Google to provide exclusive additional benefits in one of the fastest growing areas for small businesses: Online marketing.

“Being an industry leader means you can bring people together around – in this case – a virtual table to share best practices,” said Richard Quigley, President of Ink from Chase “Google has been a tremendous partner with Chase, helping our clients get immediate benefit from their advice and experience.”

Business banking customers are invited to an exclusive Google webinar on May 18. This gives Chase clients across the country a front-row seat with the global online leader. This one hour, online seminar will help small business owners get the most from Google tools. As part of the webinar, Chase customers will be offered a $100 credit for Adwords. Chase clients can sign up by invitation from their Chase banker.

Additionally, Chase branches will offer online marketing tool kits with additional offers for new and existing customers coming into the branches.

“Clients tell us they are expanding online to add customers and grow revenue, so we launched Instant Storefront from Chase as a one-stop shop to help them,” said Michael Cleary, CEO of Chase Business Banking, which serves 2 million clients across the country. “It’s just another way Chase bankers can be key partners in our clients’ success.”

Instant Storefront from Chase is an all-inclusive web solution for small business owners to easily set up an online store and streamline the customer payment process. A $100 cash-back coupon eases the way for new customers.

About Chase

Chase serves more than 2 million small business customers through bankers based in more than 5,400 branches across 23 states. Chase is the number one volume SBA lender and leading provider of deposit and cash management services, payment solutions, and a broad array of lending products to meet clients’ capital needs.

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), which operates more than 5,400 branches and 15,000 ATMs nationally under the Chase brand. Chase has 146 million credit cards issued and serves consumers and small businesses through bank branches, ATMs and mortgage offices as well as through relationships with auto dealerships and schools and universities.

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