OFN strongly supports the effort to collect nationwide information on diverse small businesses through the Federal Reserve Banks 2018 Small Business Credit Survey. We encourage CDFIs to help inform the survey by involving your small business borrowers, especially those that tend to be under-repre
With the support of the Wells Fargo Diverse Community Capital Program, LEAF has increased their capacity to provide one on one technical assistance to diverse small businesses in the greater Bosto
The power and promise of Latino entrepreneurs and small businesses in low- to moderate-income, or LMI, communities are undeniable. Study after study shows their immense size and potential. Just consider this stat: There are more than 4 million Latino-owned businesses in the U.S., and together they generate $660 billion in revenues. However, another study points out that this subset is growing at a slower pace compared to their non-Latino counterparts, resulting in a $1.3 trillion revenue gap.