With New CD, Berkshire Bank Looks to Help Minority Entrepreneurs
To help boost minority entrepreneurship, Berkshire plans to give out $1 million in small business loans in the coming year where applicants’ credit scores won’t be considered.
To help boost minority entrepreneurship, Berkshire plans to give out $1 million in small business loans in the coming year where applicants’ credit scores won’t be considered.
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.