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How to Reshape the Future of Underserved Communities with Small Business Lending

Small Business LendingBy Aquaria Funding Solutions January 9, 2018

Ever wonder how Community Development Financial Institutions (CDFIs) can really make a difference? CDFIs seeking to expand their small business lending in underserved communities nationally and wishing to ensure that their work is meeting community needs locally should follow these five simple steps: Work with those in the community that are connected to small business,…

Why Banks Must Report Who Gets U.S. Small Business Loans

Small Business LendingBy Aquaria Funding Solutions January 9, 2018

There is a pressing need for more data on small business lending in the United States, and the Consumer Financial Protection Bureau should implement section 1071 of the Dodd-Frank Act to collect data from banks on their small business lending. There continues to be significant differences in what type of credit, or loan, is available…

Roberto’s work with MEDA has been critical in developing the vision, mission and strategy for our nascent CDFI. He has been particularly thoughtful and insightful regarding our approach to carrying out small business lending. Aside from the specific deliverables, what I have appreciated the most is his initiative in advocating on our behalf with federal, private and other funders and influencers. He is truly one of our key team members.

Luis Granados, Mission Economic Development Agency, San Francisco, CA
Roberto believed in me 20 years ago when I bought this business, and he believed in me again last year with new financing. He meets small business, especially woman and minorities, where they live. And gets them the capital to succeed.

Naomi Prado, Southwest Molding, North Hollywood, California
“I have known, admired and respected Roberto for many years. This past year we had the opportunity to work together to launch a new lending initiative in Los Angeles. Roberto’s deep knowledge of small business lending and his numerous connections with funders and supporters both locally and on a national basis were key to the success of our efforts and have led to significant early success.”

Kurt Chilcott, President & CEO of CDC Small Business Finance