SBA Loans Are Failing Black-Owned Businesses According to the latest data during the height of the COVID-19 pandemic, Black-owned businesses experienced declines of 41%, and the PPP loans Loans provided through the government’s Paycheck Protection Program for small businesses, administered by the Treasury Department and the SBA, reached only 20% of eligible firms in areas with the highest densities of … Read More
4 Reasons Building Local Crowdfunding Ecosystems Can Save Black-Owned Businesses
Introduction To thrive in the modern business world it’s important to understand how to market your small independent business and this is going to be even more important in the post-COVID-19 crisis small business environment. A recent survey shows establishing customer relationships through marketing and promotion is the second-largest concern among independent business owners after securing access to capital. In … Read More
Why Real Estate Crowdfunding Is A Must For The Black Community!
Introduction to the Crowd Economy The wealth of Black people in America and the gap between other racial groups has been well documented, but that doesn’t mean Black folks don’t have any money to spend. Even though the racial wealth gap is actually widening, Black people still have tremendous economic buying power. What if we took some of that and … Read More
The Capital Stack In The Age of Investment Crowdfunding
Introduction The capital stack is an essential concept in real estate investment, as it details how a transaction is financed. Most commercial real estate acquisitions or developments receive investment from more than one source and investors with different goals. Real estate crowdfunding has moved firmly into the mainstream as a tool to raise capital from retail investors. It’s essential to … Read More
The SOS Show Wants To Build Affordable Housing That Allows Low-Income People to Invest Using Regulation Crowdfunding Investors With A Little As $100
Introducing Regulation Crowdfunding May 16th, 2016 Regulation Crowdfunding became law and this allowed issueors to raise up to $1.07 million in capital for businesses and real estate development. This was a game changer with Reg CF having a break-out year in 2020 with people moving online in response to the COVID-19 Pandemic and government mandated lockdowns. According to Crowdfund Capital … Read More
The $1.9 Trillion Stimulus Bill has been Signed Will It Be A Life-Changer For You And Your Family’s Wealth
Introduction The $1.9 trillion Stimulus Bill has been signed, but will it be a life-changer for your family’s wealth in 2021 as we start to see light at the end of the COVID-19 pandemic. The COVID-19 pandemic illuminated the many social, political, and economic disparities that exist in the United States driven by systemic racism. We saw the election of … Read More
The American Dream Marketplace Provides Black Business Technology Platform in The Wake of COVID-19
Introduction The American Dream Fund and Marketplace is an economic development program organized by the National Black Chamber of Commerce (NBCC) in support of Black businesses. As a part of the program, black businesses are eligible to receive cash grants, educational training, and exclusive business resources all facilitated on the American Dream Marketplace. The NBCC has the goal of increasing … Read More
6 Reasons Real Estate Crowdfunding Is A Must For Your Portfolio
Introduction Real estate crowdfunding is a new and innovative use of Regulation Crowdfunding that allows non-accredited investors to invest in real estate deals on a FINRA and SEC certified portal. Real estate crowdfunding uses the crowd-funding model to raise funds for real estate deals all across the nation and locally at the same time. Portfolio Diversification Unlike REITs, real estate … Read More