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Article: Wells Fargo Lends Half a Billion Dollars to African American Small Business Owners; Capital Needs Being Met for One of the Fastest-Growing Small Business Segments.
- Article from:
- PR Newswire
- Article date:
- February 8, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wells Fargo & Company today announced it has exceeded the midpoint of its $1 billion lending goal to African American business owners. More than $500 million has been lent through Wells Fargo's African American Business Services program since its inception in 1998. The program promotes outreach and education, along with access to capital, and provides comprehensive business products and services that help business owners succeed financially.
"Black History Month is a great time to celebrate this achievement. But in addition to recognizing this milestone, we are very focused on mapping a clear vision on how to serve business owners in our community," said Brenda ...