• Lawrence Partnership

Banking On Lawrence

Actualizado: 8 de abr de 2019

by Boston Globe

Banks have traditionally shied away from such small businesses because they’re considered risky or don’t have enough profits yet. When those businesses do qualify for a traditional bank loan, Mitchell said they’ll likely remember one of the banks that helped them get started.

The banks have another motive: lending in struggling areas helps them meet their community investment requirements under federal law.


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