Next City: “Mystery Shopper” Experiment Reveals Racial Gap in Small Business Lending

Earlier this year, in a large metropolitan area of the eastern United States, two men walked into the same bank branch on the same day, each at different times of the day.

They each came in with nearly identical business backgrounds and strong credit histories, and they each asked about a small business loan of $60,000-$70,000 to expand their business and to possibly hire a part-time employee. There were some key differences, like each man’s name and their company names — and their race.

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Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas

Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas(Download PDF)  This report, Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas, details lenders’ abandonment of neighborhoods in Baltimore based upon the race of members of those neighborhoods and the preferences of lenders for white borrowers and majority white neighborhoods. Using maps, […]

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Small Business Teaming Center

The Small Business Teaming Center (SBTC) supports the abilities of small businesses to pursue and win government contracts by creating a team of businesses that can work together to fulfill the requirements. Our services include: Opportunity Identification and Vetting, Facilitation of Teaming Agreements, and Capture Management. Contract OpportunitiesSBTC assists its clients to identify and develop […]

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NCRC, National Groups Ask Senate to Press CFPB on Small Business Loan Data

Washington, DC – Today, 19 national consumer and civil rights groups led by the National Community Reinvestment Coalition (NCRC) sent letters to members of the U.S. Senate asking them to sign on to Senator Cory Booker’s letter urging the Consumer Financial Protection Bureau (CFPB) to issue rulemaking on small business loan data. Section 1071 of […]

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NCRC Releases Report on Capital and Credit Access for Small Businesses in the Appalachian Region

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released a report entitled “Access to Capital and Credit in Appalachia and the Impact of the Financial Crisis and Recession on Commercial Lending and Finance in the Region.” The report, which was commissioned by the Appalachian Regional Commission, and authored by NCRC and Woodstock Institute, […]

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NCRC Community Development Fund Receives CDFI Certification

  Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced that the NCRC Community Development Fund has received certification from the Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI). “We are very excited to receive CDFI certification,” said NCRC President and CEO John Taylor. “This certification will allow NCRC […]

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