CSBDF's offices are temporarily closed to comply with NC's Phase 2 guidelines. All staff are available to help via phone and email.

Carolina Small Business Development Fund Launches Lending Program For Latino-Owned Businesses In North Carolina

October 10, 2016 / Carolina Small Business / News, Press Releases, Spanish

MEDIA CONTACT:

Janice Rojas
Carolina Small Business Development Fund
Office: (919) 803-1437 ext. 232
Direct: (919) 928-5101
jrojas@carolinasmallbusiness.org

(Raleigh, NC) – Carolina Small Business Development Fund today announced the launch of a Latino Program designed to provide access to capital and technical assistance to Latino-owned businesses in the state of North Carolina.

With a vision to create economic opportunity for all people, small business lender and statewide nonprofit, Carolina Small Business Development Fund, launches a Latino Program, in Spanish “Programa Empresarial Latino,” designed to provide capital, technical assistance and business management tools to help Latino entrepreneurs and the Latino community overcome barriers in accessing capital.

The program’s key initiative is to provide training in the areas of business plan development, business management training, finance, accounting, growth and marketing strategy. Providing technical assistance to Latino entrepreneurs is a fundamental role of this program.

“We are thrilled to launch a Latino program designed to serve Latino-owned businesses in the state of North Carolina. We recognize that Latino business owners face unique and significant barriers in accessing capital to scale their business. Our intent is to help Latino entrepreneurs face these challenges,” said Lenwood V. Long, Sr. “With the launch of this program, we are elevating our services to help Latino small business owners by providing the capital and business services they need to grow their business, create jobs in the state and build a stronger economy.”

Carolina Small Business Development Fund is a certified Community Development Financial Institution and statewide nonprofit that serves small businesses and recognizes that entrepreneurial success among Latinos is crucial for the state’s economic growth. Carolina Small Business Development Fund is the primary statewide small business lender in North Carolina providing loans to Latino entrepreneurs within the range of $1,000 to $250,000.

“The Latino community wants what all Americans want: quality education, economic opportunity, and strong and safe communities. Unfortunately we have lagged behind in most of these areas,” said Zurilma Anuel, Latino Program Director for Carolina Small Business Development Fund. “Our Latino program allows us to help the Latino entrepreneur community to succeed by helping them to build the businesses of their dreams. Just like Ana Santos Vitel says: ‘If the dream is there, work, save, and invest until it is your reality.’”

Established in 1990 as the North Carolina Minority Support Center, the Carolina Small Business Development Fund aims to provide small business loans and financial training to start-ups and existing businesses along with lending services to community-based organizations in underrepresented communities in the State of North Carolina. Since 2010, Carolina Small Business has invested more than $32 million through 449 loans to small businesses across North Carolina helping to create or retain more than 1,018 jobs.

Carolina Small Business has assembled a team of bilingual staff to serve Latino-owned businesses and entrepreneurs whose native language is Spanish. Hablamos Español.

For more information about the Latino Program, please contact Zurilma Anuel, Director of the Latino Program, or visit Programa Empresarial Latino.

—————

About Carolina Small Business Development Fund

Carolina Small Business Development Fund provides small business loans and business services to start-ups and existing businesses in North Carolina. As a statewide nonprofit Community Development Financial Institution (CDFI), Carolina Small Business is passionate about supporting small businesses in underserved areas. Since 2010, Carolina Small Business has invested more than $32 million through 449 loans to small businesses across North Carolina helping to create or retain more than 1,018 jobs. For more information, visit our website.