Last Update: March 19 @ 7:09 PM
From the Dec 22, 2008 edition
FOCUS ON MINORITY BUSINESS
MIDC stops making new loans
The Minority Investment Development Corp. – a for-profit lender catering to “underserved” small businesses – says it has stopped taking loan applications and is considering an overhaul of its operations. “I think everybody has found that this is more of a high-risk economy than usual,” said Denise Barge, left, the Providence-based firm’s executive director. More »
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