BayCoast Invests in Small Businesses of Color Fund
The bank is joining with two major hospitals to fund an initiative that will invest in businesses owned by Black, Latino and Indigenous entrepreneurs and other people of color.
Survey: Boston Small Business Owners Tapped Personal Savings to Run Businesses
While most Boston small business owners who participated in a recent Bank of America survey tapped into various funding sources during the pandemic, just 7 percent used a traditional bank loan.
Berkshire Launches New Loan Product for Entrepreneurs of Color
Billed as an attempt to close the racial wealth gap, Berkshire Bank plans to offer entrepreneurs of color seed capital through a new product created in partnership with The Runway Project, which will provide business coaching to borrowers
