Sabre Finance Receives $1,000,000 Equity Equivalent Investment from Pinnacle Financial Partners to Support Entrepreneurship in Alabama

Sabre Finance announced it received a $1,000,000 equity equivalent (EQ2) investment from Pinnacle Financial Partners. This investment will continue to support the efforts of Sabre Finance to reach underserved entrepreneurs to start and expand their small businesses through responsible and intentional funding.

“On behalf of the Sabre Finance Board of Directors and our staff, we are honored that Pinnacle Financial Partners has chosen to invest in our organization.  The support from Pinnacle Financial Partners enables us to continue to provide capital and serve small business owners across Alabama,” said Ray Morris, CEO of Sabre Finance. “We value the support of Pinnacle Financial Partners and look forward to continuing opportunities for partnership.”

The EQ2 investment from Pinnacle Financial Partners plays a crucial role in advancing Sabre Finance’s mission to offer access to capital and resources to entrepreneurs. Access to capital and resources continues to be one of the largest barriers many underserved entrepreneurs continue to face.  In addition to funding, Sabre Finance offers technical assistance to entrepreneurs at all stages of their business journey, providing ongoing support even after funding. This investment will enable Sabre Finance to further support local business owners and continue to promote economic growth.

“At Pinnacle, we always want to take everybody with us to make sure everyone has the opportunity to participate in the economies we support,” said Mark Imig, regional president for Pinnacle. As a company, we understand that the strength of our community lies in the success of local businesses. That’s why we’re proud to invest into the growth and development of small businesses across Alabama. By promoting and supporting these enterprises, we not only contribute to economic development but also help create jobs and strengthen the fabric of our community. Together, we can build a more prosperous and resilient future for everyone.”

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine’s 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 11 years in a row and No. 1 among banks with more than $10 billion in assets in 2023.

Pinnacle entered Alabama in the summer of 2021 by hiring a team of local financial services professionals to open offices in Huntsville and Birmingham.

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $50.7 billion in assets as of September 30, 2024. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

 About Sabre Finance:  

Sabre Finance is a 501c (3) nonprofit organization, Certified Development Financial Institution, and SBA lender that seeks to promote economic growth and investment through the provision of financial and technical assistance programs. Sabre Finance works one-on-one with entrepreneurs to customize the support needed to start or grow their small businesses through expert guidance and financing programs. Sabre Finance is a leader in Alabama for reaching the most underserved small business communities. For more information about Sabre Finance and its services, visit www.sabrefinance.org or call 205-690-4906.