On June 8, 2016 at OFN’s Small Business Finance Forum, OFN launched Venturize, a public education and awareness campaign designed to equip small business owners with the information they need to make the best borrowing choice for their business.
Today, Octavio Blanco of CNN Money took a look at the negative impact that short-term financing—known as merchant cash advances—have on small businesses, and the alternative solutions that CDFIs provide.
The homeownership rate in the second quarter of 2016 for white households was 71.5 percent, compared to 41.7 for black households and 51.2 percent for all other races.
In the middle of a presidential election cycle, amidst the conventions, the speeches, and the sound bytes, it's easy to overlook the real heroes of these national events, which are small business owners.
On Wednesday, CDFIs and mission-driven lenders and allies will meet at OFN’s annual Western regional meeting to discuss challenges and opportunities as we embark on the second half of 2016.