Caught in the Middle

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American Recovery and Reinvestment Act provisions that created incentives for small business lending are set to expire at the end of the month.  Meanwhile, lawmakers are promoting legislation to help small business owners… Continue reading

Interview with New ‘Social Finance’ Assoc.

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Jon Harvey started at ACCION Chicago in July 2009. He recently became ‘Social Finance Associate.’ Below he answers some questions about what it’s like to work at ACCION Chicago. What did you do… Continue reading

Week in Review

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This week’s headlines in the microfinance and small business sectors from a local, national, and international perspective: What’s happening on the hill? Jobs bill gets snowed under – POLITICO.com Small Business Owners Press… Continue reading

Chicago’s Minority Businesses Hit Hard

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The Chicago Tribune recently ran an article on challenges facing minority-owned businesses in the present economy.  It cited the story of LeNardo Nelson, a local African-American entrepreneur.  Mr. Nelson developed a triple-sided windshield wiper… Continue reading

Regulators Encourage Small Business Lending

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Federal financial regulators issued a joint statement on February 5 encouraging banks to make more loans to small businesses.  The statement from agencies, including the Federal Reserve and the Federal Deposit Insurance Corporation,… Continue reading