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Article: Wells Fargo Announces $2 Billion, 10-Year Lending Goal to African American Business Owners
- Article from:
- US Fed News Service, Including US State News
- Article date:
- August 21, 2008
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Wells Fargo issued the following news release:
After reaching its goal to lend $1 billion to African American business owners by 2010 earlier this year, Wells Fargo has announced a goal to lend an additional $1 billion by 2018, expanding the cumulative goal to $2 billion. The announcement was made as Wells Fargo celebrates the 10th anniversary of its African American Business Services program. Through alliances with national and regional organizations supporting the African American community, Wells Fargo provides outreach and education to African American business owners, increasing their access to capital and other financial services.
"Reaching our $1 billion goal two years early is a ...