Latino
businesses need to position themselves to both identify
and attract opportunities for lending capital. Traditionally,
Latinos in business have a more difficult time securing
loans from mainstream lending institutions. As a
result, most turn to family members and friends
for non-traditional financing.
The Latin Business Association Institute provides
access to capital and professional business consultation
to Latino-owned businesses. The LBAI serves as a
liaison between its clients and lending institutions
through its Lender
Referral Program. It offers guidance on how
to prepare for meetings with lenders, ensuring that
its clients are well prepared and aware of the lending
process.
More than $65 million
in financing has been secured by the LBAI from various
financial alliances, including:
WELLS FARGO BANK
UNION BANK OF CALIFORNIA
1st PM FACTORS
