By leveraging the combined strengths of each partner, we are able to achieve a level of impact that could not be accomplished independently. We believe that by working together, we can set new standards for small business owners in underserved communities who face barriers in accessing capital. By identifying key service areas we have achieved partnerships that help us work toward mutual goals.
Small business financing is tough, and if you’re a cooperative, it can seem especially unattainable. Finding the right solution for financing a co-op is different every time, and often depends on a variety of factors, such as industry, size, co-op type, and transaction type.
Getting a small business loan from the bank has always been particularly hard for women and minority business owners.
Fifteen financial institutions that support small businesses will receive grants and loans as part of Wells Fargo’s Diverse Community Capital program.