Thursday, September 20, 2012

HOPE CEO Talks Strategies to Boost African-American Businesses

Bill Bynum

Bill Bynum, CEO of Hope Enterprise Corporation/Hope Credit Union, joined leaders from across the nation Wednesday to examine strategies for bolstering small business ownership among African-Americans.

Research from the Federal Reserve Bank of Atlanta indicates that two of the most common sources of capital for startup businesses include loans from friends and families and home equity.

Some African-Americans may not have wide access to those sources, Bynum said.

“Our

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