Supporting Small Business Lenders

Goldman Sachs 10,000 Small Businesses Financing Initiative

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Small businesses drive the U.S. economy and generate quality jobs in communities across the country. Increasing lending to small businesses presents an important and attractive opportunity for Community Development Financial Institutions (CDFIs) and other mission-driven lenders to make a significant impact in their communities.

Goldman Sachs and Opportunity Finance Network (OFN) have committed to helping small business lenders grow to better serve small businesses by launching the Goldman Sachs 10,000 Small Businesses Financing Initiative. This three-year program provides national training opportunities for CDFIs and other community lenders to scale lending to small businesses in underserved communities. Components include:

National Workshops

OFN will offer three, free, two-day workshops in July and August 2014 designed to help small business lenders identify and pursue growth opportunities. These workshops will help you to:

  • Define growth strategies for their organization
  • Overcome barriers and challenges to growth
  • Identify opportunities to propel growth

Register now for one of three workshops in Chicago, Los Angeles, or New York. View more information about the training curriculum. Direct questions to: 10ksb@ofn.org.

OFN will host an informational webinar on Thursday, June 19 at 12:00 ET to provide an overview of the entire program. Register to learn more.

Small Business Finance Collaborative

Following the National Workshops, 20 participants will be chosen through a competitive process to receive intensive technical assistance and participate in peer-learning opportunities over two years to implement ambitious and customized growth plans.

Industry Webinars

Best practices in small business lending will be showcased through a series of webinars beginning in 2015. Webinars will be recorded to provide an on-demand library of resources to benefit all small business lenders across the country.

 

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