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Read Full Article Here: https://www.politico.com/newsletters/global-translations/2020/10/14/democratizing-access-to-capital-490601

Democratizing access to capital Presented byDue to a production error, Global Translations was initially sent to an incorrect newsletter list.

Putting funding into equity capital, which can leverage nine dollars for every dollar invested, is what’s “key for the African-American community …

A message from Bank of America:MEETING THE MOMENT ON BIG ISSUESDEMOCRATIZING ACCESS TO CAPITAL: Did you know?

Minority and community-owned financial institutions control less than 0.5 percent of America’s banking capital, by the calculation of Emanuel Friedman, CEO of EJF Capital.

Letendre said equity capital and long-term, low-cost capital are desperately needed to build system capacity.

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