Predatory Lending, Part 2: Finding a better Alternative with CDFIs
In Predatory Lending, Part 1: an Overview, we painted a picture of how dangerous the waters of predatory lending can be. To review, “Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous
3 years ago on New Year’s Eve, Cassie Preston made a resolution to open a business. She started planning with her husband Ashton right away in January of 2015. Less than 1 year later, in September 2015, the two Air Force Veterans opened Steady Flow Growler House & Tasting Room in Spokane Valley. Today, with
Setting goals is critical if you want to make your business dreams a successful reality. This is true whether you are just dreaming of starting a business, growing your new (less than a year old) business, or taking your long established business to the next level. There are advantages to writing down your goals and
Then: In 2009, Karl and Jessica Kruger took a sailing trip with their 2-year old daughter from Orcas Island to Alaska along the Inside Passage. It was on this trip that the dream of marrying skiing/surfing and sailing was cemented in Karl’s mind and heart. Karl, an outdoor enthusiast of board sports, water and mountains,
Then: Fstopcafé Bainbridge Roasters of Bainbridge Island was born out of a hobby and an unplanned expedition that began nearly 14 years ago. In 2004, David Adler took his first trip to Nicaragua, thanks to an invitation to join a coffee delegation to Isla de Ometepe, Bainbridge’s sister island since 1986. David had been roasting
Then: In 2010, Martin and Amy Moe opened Greenworks of Washington, a septic repair and pumping company. Why? When the opportunity came, they jumped in with both feet. As consummate entrepreneurs who had worked for a septic company and owned a roofing company for 20 years, they had the skills and saw what needed to
November 21, 2017 Business Impact NW launches its inaugural Annual Campaign with the goal to raise over $15,000 to support its free to low cost programs and access to capital for undeserved entrepreneurs and small business owners. Help us jumpstart 100 new businesses in 2018 with your support. You can take action for your community by
Then: In 2008, Vinson Latimore had a personal mission to acquire and own a senior housing facility. He had never owned a business before, but armed with a Master’s degree in Healthcare Administration and experience in the health care industry, he found the ideal assisted living facility to take a look at. It would be
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