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Industry News - March 12, 2019

March 12, 2019


Grameen America Study Highlights Benefits of Microfinance

This microfinance organization, which provides small-dollar loans to women entrepreneurs, release the findings of a study on how those loans impact poverty

Source: Houston Chronicle


Nationwide and BlueVine Partner on Small Business Lending

Under the new deal announced on Thursday, Nationwide customers are able to apply for capital from BlueVine directly on the insurer’s website.

Source: Fox Business


 What if Workers Owned Their Workplaces?

The cooperative movement is showing that worker-owned businesses can not only survive, but thrive. It could also help communities of color, as a path to expand community investment and close the racial wealth gap.

Source: The Nation


Simplify and Streamline Bloated Processes Choking Business Lending

Community banks and credit unions have a window of opportunity to fill a gap in small-business lending, but not for long. Online lenders have grabbed market share ceded by the biggest U.S. banks.

Source: The Financial Brand


The Lending Gap Narrows For Women Business Owners, But It’s Still 31% Less Than For Men

Women-owned businesses continue to be a growth engine for the U.S. economy, but loans for women entrepreneurs are nearly one-third less than those of their male counterparts.

Source: CNBC


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