In 1998, Wells Fargo & Co. launched its African American Business Services program with an ambitious goal: loan $1 billion to African American business owners by 2010
Black Enterprise, July, 2005 by Ron Chepesiuk
In 1998, Wells Fargo & Co. launched its African American Business Services program with an ambitious goal: loan $1 billion to African American business owners by 2010. to February, the company exceeded the midpoint of its lending campaign. Loans average $50,000 or less and are made to businesses that are 2 to 3 years old.
The program provides outreach and educational services in addition to lending money.
COPYRIGHT 2005 Earl G. Graves Publishing Co., Inc.
COPYRIGHT 2005 Gale Group
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