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MOHELA was founded by Missouri lawmakers in 1981 to oversee loans guaranteed by the U.S. federal government through the Federal Family Education Loan Program.Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry.
Over the past five years, minority-owned firms were more likely to use personal savings to cover business expenses than other sources of funding. Federal small business grants for minorities 1 ...
Founded in 2011, Arch Grants started as an initiative to bolster the St. Louis economy by supporting startups with potential for high growth. As of January, 2024, Arch Grants has funded 252 companies that have generated $742.5 million in revenue, attracted $696.3 million in additional capital, and created over 3,500 net new jobs for St. Louis. [3]
Down Payment Resource: Down Payment Resource, a private company, provides various resources for homebuyers, real estate agents and lenders, including an eligibility and assistance lookup tool. FAQ
To apply for Verizon Small Business Digital Ready grants, business owners must register with the free portal and complete at least two of the following: courses, coaching or community events. Once ...
A merchant cash advance (MCA) is a type of business funding in which the funder is paid by taking a percentage of the businesses' revenues or sale proceeds. [citation needed] The term Merchant Cash Advance is commonly used to describe a variety of small business financing options characterized by purchasing future sales revenue in exchange for short payment terms (generally under 24 months ...
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