small businesses Archives

Relationships Matter: Small Business and Bank Branch Locations

By NCRC / March 17, 2021 April 20, 2021 / Research

Relationships Matter: Small Business and Bank Branch Locations — Key Takeaways The number of banks and bank branches has declined significantly since 2009. Local branches are still crucial to small business lending. Small business lending is increasingly dominated by the largest lending institutions. Smaller institutions are disappearing as they merge or are bought out by …

Relationships Matter: Small Business and Bank Branch Locations Read More »

Study: More evidence of inequity in access to bank services to help small businesses survive the pandemic

By NCRC / February 2, 2021 February 2, 2021 / Press Releases

NCRC surveyed 938 small business owners across nine metropolitan areas from October 23, 2020, to December 29, 2020. The purpose of the survey was to determine whether small business owners explored other options, such as lease and loan modifications to save their businesses, and if so, did they access them.

Are Loan Modifications For Small Businesses a Possibility in the COVID-19 Pandemic?

By Anneliese Lederer and Sara Oros / February 2, 2021 April 15, 2021 / Research

More evidence of inequity in access to bank services to help small businesses survive the pandemic.

Change is on the way, but it won’t be easy

By Jesse Van Tol / December 15, 2020 December 16, 2020 / Views

Donald Trump’s victory four years ago was unimaginable to many, and an emotional blow that only got worse over time. Until now. The post election drama is mostly over. The Electoral College is done. We finally know: Joe Biden will be the 46th president, and Kamala Harris will be many firsts as vice president: Black, South Asian, woman, mom.

Research Brief: Bank Branch Closure Update (2017 – 2020)

By NCRC / December 14, 2020 December 14, 2020 / Research

In this report, NCRC extended our previously published analysis of bank branch closures to look at changes from 2017 through 2020.

Hispanic Mortgage Lending 2019 Analysis

By NCRC / November 17, 2020 November 23, 2020 / Research

The report revealed dramatic differences in the costs and lending patterns for different subgroups of Hispanic borrowers, such as Cuban, Mexican and Puerto Rican borrowers. It also found that most Latino borrowers get their mortgages from non-bank mortgage companies and not from banks

Lending Discrimination During Covid-19: Black and Hispanic Women-Owned Businesses

By NCRC / November 10, 2020 January 24, 2021 / Research

Even after troubling findings from previous mystery shopper tests were published and in the news, financial institutions continued to create barriers for minorities and women business owners to access PPP loans.

Study: After the coronavirus shutdowns, employment levels rebounded completely for White entrepreneurs in North Carolina, but not for Black ones

By NCRC / October 27, 2020 October 27, 2020 / Press Releases

Although active employment rates in North Carolina’s small businesses dropped broadly during the first six months of the COVID-19 pandemic, by the end of August the rate had returned to pre-COVID levels for White entrepreneurs, but was still down by 62% for Black business owners, a new study shows. The study, from the National Community …

Study: After the coronavirus shutdowns, employment levels rebounded completely for White entrepreneurs in North Carolina, but not for Black ones Read More »

Member spotlight: Q&A with Local First Arizona’s Thomas Barr

By Zo Amani / August 3, 2020 August 4, 2020 / Field Notes

LFA quickly recognized the adverse consequences of COVID-19 and determined that they would need to be a reliable source of information for small businesses and policymakers.

NCRC Applauds Senate for Passage of Second PPP bill

By NCRC / April 22, 2020 April 22, 2020 / Press Releases

Yesterday, the Senate passed a second Payment Protection Program (PPP) bill that will provide an additional $484 billion for small business aid, hospital funding and more testing for COVID-19.

CFPB Provides Advice, Guidance on COVID-19 Resources

By Jad Edlebi and Jason Richardson / April 21, 2020 April 21, 2020 / Research

In a confusing and scary time, the CFPB is a source for unbiased and informed information on a variety of financial hurdles that families can expect to face in the coming months.

Protect yourself financially from the impact of the coronavirus

By Consumer Financial Protection Bureau / March 20, 2020 March 20, 2020 / Views

As you plan for the potential impact of the coronavirus, there are a number of steps that you can take to help protect yourself or a loved one financially, both in the short and long term.

Division of Equity and Inclusion

By NCRC / June 23, 2017 October 23, 2017 / Uncategorized

The Division of Equity and Inclusion is designed to empower, organize and support economically vulnerable, individuals, communities and small businesses. Combining advocacy, organizing, technical assistance and direct services the Division promotes economically viable, sustainable, inclusive communities for all Americans free from discrimination. The following programs are part of the Division: Business Development Center for Civil …

Division of Equity and Inclusion Read More »

NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data

By NCRC / August 26, 2015 October 31, 2017 / Press Releases

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a letter sent by 84 Members of the U.S. House of Representatives, led by Representatives Donald Payne, Jr. (D-NJ) and Chris Van Hollen (D-MD), to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small …

NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data Read More »

NCRC Applauds Senate and House Letters Pressing CFPB on Small Business Loan Data

By NCRC / July 13, 2015 October 31, 2017 / Press Releases

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded 19 U.S. Senators and 13 Members of the House of Representatives Financial Services Committee for sending letters to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small business loan data. Section 1071 of the …

NCRC Applauds Senate and House Letters Pressing CFPB on Small Business Loan Data Read More »

small businesses

Start typing and press enter to search

Start typing and press enter to search