Local banks support businesses coping with supply chain disruptions, labor shortages, inflation, rising interest rates, and global conflicts.
Once the largest player in the mortgage market, Wells Fargo is stepping back while focusing its home lending business on bank customers in minority communities.
Entrepreneurs presented ideas to a panel of judges at the Alaska Travel Industry Association trade show in Sitka, competing for cash prizes.
Despite their substantial economic impact, it is often more difficult for companies that are owned by minority groups to satisfy their business capital needs. That’s why it’s essential for minorities to have access to sufficient funding and support through government-backed loans, traditional bank financing, and creative funding options.
Women entrepreneurs in Alaska still face many challenges to obtain funding and build a support network—here are some steps that can help to turn these roadblocks into building blocks for success.
The US Small Business Administration (SBA) Alaska District Office announced the top lenders of the SBA Loan Program in Alaska during Fiscal Year 2018 in four categories.