Rehm, Barbara A
The Small Business Administration's (SBA) 7(a) program, initially established in 1953, provides loan guarantees to small businesses that cannot obtain cred... Shear,William,B. - 《Gao Reports》 被引量: 6发表: 2007年 Federal Advertising: Established Programs Were Largely Used to Address Executiv...
Minority banks can play an important role in serving the financial needs of historically underserved communities and growing populations of minorities. For this reason, the Financial Institutions, Reform, Recovery, and Enforcement Act of 1989 (FIRREA) established goals that the Federal Deposit Insurance...
What is the interest rate for a business loan? Business loan interest ratescan vary depending on many factors. The interest rate you’re offered can be affected by the Federal Reserve’s policies, your business credit score, your personal credit score, and the age of your business. In genera...
Virginia realtor Natasha Crosby was ready to apply for a Paycheck Protection loan, but said her local bank didn't start accepting applications until the federal funds had already run dry.Courtesy of Natasha Crosby Crosby, who is also the president of the Richmond's LGBTQ Chamber of Commerce, ...
To qualify, 51% of the voting stock must be minority-owned or a minority-majority board of directors serving mostly minority communities. What is a CDFI? CDFIs are private financial institutions – including banks, credit unions, loan providers and venture capital firms – that provide fair and...
The article discusses the position of minority-serving educational institutions after the vote of the U.S. Congress to eliminate banks and loan companies from the student loan process. The colleges, it notes, received funding second only to the low-income Pell Grants. The article points out that...
Lack of a banking relationship was one of the reasons the New York Federal Reserve Bank cited for disparities in PPP loan approvals to Black- and white-owned companies. The study based on the first SBA data release found that in parts of the country where there were concentrations ...
Must meet the Federal Pell Grant eligibility criteria, and demonstrated leadership ability. The Gates Scholarship is funded by the Bill & Melinda Gates Foundation, and is expected to fund 3000 students over the program's life. Bill Gates Scholarships for Minorities ...
The next highest loan demographic? 18 percent with race “unanswered” Not great. But despite that, some organizations are collectively standing to speak up. We know there can only be a change when we join forces and move in the same direction together. In this article, we’ve compiled a ...