Comerica Grant Will Fuel Local Initiatives Support Corp. Lending to Minority-Owned Businesses in Three Cities
October 23, 2020
October 23, 2020
NEW YORK, Oct. 23 -- The Local Initiatives Support Corp. issued the following news release:
Comerica Bank is teaming up with the Local Initiatives Support Corporation (LISC) to expand access to capital for small businesses and nonprofits led by people of color--especially organizations without the size or track record to attract conventional financing on their own.
Comerica is providing a $1 million grant to serve as a backstop for patient, flexible loans in communities . . .
Comerica Bank is teaming up with the Local Initiatives Support Corporation (LISC) to expand access to capital for small businesses and nonprofits led by people of color--especially organizations without the size or track record to attract conventional financing on their own.
Comerica is providing a $1 million grant to serve as a backstop for patient, flexible loans in communities . . .