Category: Business Credit and Loans

Citigroup teams with nonprofits to spur small business lending

Citigroup is investing nearly $200 million in community development financial institutions – CDFIs – that make small business loans in low-income areas. The third-largest bank in the country has teamed up with the Calvert Foundation and the Opportunity Finance Network to run the Communities at Work Fund. The fund will make loans to CDFIs across […]

How to convince venture capitalists to invest

When preparing to file an LLC, entrepreneurs are also looking for funding, often from venture capitalists. Here is some insight into what investors are looking for in a business. Mark Sutter of Entrepreneur magazine finds that management, market, money and momentum are key. Sutter notes that almost all investors will only contribute funds to a business […]