Isbn: 9781334806513 - banking on small business: can the community development bank model serve small firms in economically depressed urban and rural communities?: hearing ... and technology of the committee on small b (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book underscores the need for the US to bolster its community development banking efforts, and proposes the scaling up of a banking model known as community development banks. Modeled after the highly successful South Shore Bank in Chicago, community development banks target underserved communities that conventional banks deem too risky for lending. By extending financial services such as lending, credit, and business training to disadvantaged communities, this book argues that community development banks can play a vital role in revitalizing distressed urban and rural communities. The author points out that these community development banks provide more than just capital, but also much-needed human commitment in the form of financial guidance, budgeting assistance, marketing advice, and business development support. The author emphasizes that these banks are not intended to replace existing federal lending programs, but rather to complement them by focusing specifically on commercial lending and business development, which are crucial for job creation and economic growth in struggling communities. The book concludes by proposing that the federal government support the growth of community development banks through funding and regulatory reform, as a means of promoting sustainable economic development in distressed communities. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…