Responsible Lending in Subprime Automotive Finance

Since its founding in 2007, Tricolor has empowered customers by providing access to affordable financing on high quality, certified vehicles in order to enhance the quality of their lives and ultimately help them to build a better future. For more than a decade, Tricolor has successfully scored no file and thin file Hispanics, as evidenced by five well-received ABS securitizations.

Bank Lending and the Financial Crisis

This report provides an analysis of how lending changed overall and in rural vs. urban areas before, during, and after the financial crisis of 2008-2010. The analysis shows that rural firms have poorer access to bank credit than their urban counterparts in terms of both the amount and number of loans and that this situation has deteriorated, rather than improved during the post-crisis years of 2011-2016.

CDFI Friendly America

CDFI Friendly America: A White Paper Introducing the CDFI Friendly Strategy for Smaller Cities and Towns By Mark A. Pinsky & Adina Abramowitz First posted March 2020 The purpose of this White Paper is to introduce a new way for America’s small cities and towns to attract flexible, affordable financing to address gaps in markets

SBA Lending Data

The San Francisco District office has released new data on SBA guaranteed lending programs, accompanied with a user-friendly interface for visualizing and customizing the data to local areas. Create custom reports with lists of businesses that have benefited from SBA programs, find the active lenders in your neighborhood, and see trends going back to 1990.

2017 Small Business Lending in the U.S.

U.S. banks play an integral role as credit suppliers to small businesses. Small businesses comprise of nearly all employer firms in the economy and employ 47.3 percent of the private sector workforce (SBA Advocacy, 2019). The existence and performance of these vibrant businesses depend on how banks and other financial intermediaries are responding to their credit needs. This report uses publicly available data on U.S. banks to analyze the patterns in small business lending.

CDFIs by The Numbers

The Richmond Fed’s recent report, Community Development Financial Institutions (CDFIs) by the Numbers, provides findings from the 2019 Federal Reserve CDFI Survey. CDFIs are specialized financial institutions operating in markets that are underserved by traditional financial institutions.

Inequity in Small Business Lending

Better-qualified black and Hispanic testers who shopped for small business loans at Los Angeles area bank branches were treated worse than less qualified white testers, a new study found.

The study, from the National Community Reinvestment Coalition (NCRC), also found steep declines in government-backed lending to black business owners between 2008 and 2016.

Microfinance in The United States

Nonprofit research organization MDRC and Grameen America, Inc., the fastest growing nonprofit microfinance organization in the United States, today released the early results of a research study, Microfinance in the United States: Early Impacts of the Grameen America Program. The study, funded by Robin Hood, is the most rigorous, independent, third-party evaluation of group microfinance in the United States, assessing Grameen America’s program, a microfinance model that provides small loans to low-income women entrepreneurs in the United States seeking to launch or expand small businesses. 

Women in The CDFI Industry

FUND Community Institute continues to engage in dialogue and analysis around data from its landmark study, Perception versus Reality:  Women and Change in the CDFI Industry (available at www.fundci.org).  This month, we examined the prevalence of women as leaders of CDFIs, and how this role may have changed since the founding of the industry. The findings suggest that women are playing leadership roles in large numbers (although not at all sizes and types of CDFIs) and that the organizations they head up may be leading the way in fostering more inclusive, family-friendly work environments.

Before Getting An Online Business Loan

Simply put, the purpose of this e-book is to help you fully understand what taking on an online loan truly involves and how it can impact your bottom line.

While many money guides are loaded with jargon and confusing language, we break down everything you need to know into easy-to-grasp terms and examples based on real-life situations.