VEDC Client Hammer and Nails featured in TIME Magazine
The Latest in Manscaping: Salon Manicures for Men. Even men like Snoop Dogg enjoy some buff and polish. […]
24
09/2015
24
09/2015
VEDC Opens Capital Access Center in Boyle Heights
Funding from JPMorgan Chase has enabled VEDC to open the Boyle Heights Capital Access Center to serve as a transitional financial and retail assistance service center in this underserved neighborhood in Los Angeles. […]
24
09/2015
Sway-A-Way, Inc. Received Financing through the Goldman Sachs 10,000 Small Businesses Loan Program at VEDC
Sway-A-Way, Inc. has been in business since 1988 manufacturing high performance suspension products for cars, trucks, off road race cars and circle track cars. […]
24
09/2015
Microloans: A Summary
What are microloans? What have they done for small businesses around the world? How does this affect economies? […]
25
06/2015
How Microlending Affects the Economy Domestically
The effects of microlending can be felt all throughout the United States (and countries all over the world). […]
25
06/2015
How Banks Select Borrowers vs. How VEDC Lends Money to Unconventional Borrowers
The selection of borrowers by any lender can be a complicated process. Lenders consider a variety of factors when deciding to extend a line of credit to a borrower. […]
4
06/2015
Tri-State Business Opportunity Fund Helps Open Tribeca’s Gunbae
VEDC announced a $500,000 small business loan to Gunbae, an upscale Korean-BBQ karaoke restaurant opening today in Lower Manhattan, through the Tri-State Business Opportunity Fund (TBOF). This will result in the creation of 40 new full-time jobs, along with 12 construction jobs, in a community still recovering from economic and natural disasters, including Hurricane Sandy. [...]
6
05/2015
VEDC Forms National Microfinance Fund with Grant from Sam’s Club Giving Program
LOS ANGELES— VEDC announced today that thanks to a $2 million grant from the Sam’s Club Giving Program, they will leverage the formation of a $20 million National Microfinance Fund (NMF) to expand their small business loan portfolio to include lending to micro-lenders across the country. […]
19
03/2015
JPMorgan Chase Grants $1 Million To Boost VEDC Lending
LOS ANGELES— JPMorgan Chase has awarded a $1 million grant to VEDC to boost the organization’s infrastructure as they expand their outreach to small businesses in eight states. JPMorgan Chase has been a longtime supporter of VEDC as they strive to meet the capital needs of small businesses in underserved communities. […]
19
02/2015
Boosting Women-Owned Businesses Will Boost the Economy
Women-owned businesses can be found in all industries and sizes, but many of them are hidden in plain sight in home-based enterprises. These small businesses are making a difference in local economies – even those run from the family dining room table. […]