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More PPP Funds Would Help CDFIs Lend Money To Micro Businesses

PYMNTS

Ruben Alonso, president of the CDFI loan fund AltCap in Kansas City, Mo., Those loans are forgivable if used primarily for payroll over the course of eight weeks. Many of the 350 businesses served by Mountain BizWorks are headed by women and minorities or are based in low-income, rural areas.

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Temenos to Acquire Kony: So What?

Gonzobanker

Temenos leadership – first Akcelerant founder Jay Mossman and then Akcelerant/FIS/Sanchez veteran Emily Steele – wins points with the Cornerstone team for straight talk and course-correcting to avoid the common international player sin of over-commitment and under-delivery. To its credit, Temenos U.S.

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Nurturing New Businesses

Independent Banker

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. Of course, some community banks already engage in educational outreach to small-business owners. Visit: www.ideavillage.org. Visit: www.kauffman.org.

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