Login

Register

FOLLOW US ON:
  LOGIN | CREATE AN ACCOUNT
 
BUSINESS NEWS
Mayor Foxx introduces small business lending guide at U.S. Conference of Mayors

Mayor Foxx introduces small business lending guide at U.S. Conference of Mayors

Post ID: 35070 | POSTED ON: Jun 14, 2012
 
 

ORLANDO, FL — At the U.S. Conference of Mayors’ annual meeting today in Orlando, Florida, Charlotte Mayor Anthony Foxx introduced his “Mayors’ Access to Capital Resource Guide.”  The brochure, sponsored by Bank of America, is designed to serve as a tool for mayors around the country as they work to help provide their small businesses with the lending they need to get started and grow. Foxx is Co-Chair of the Conference of Mayors Small Business and Franchising Task Force.“Small businesses are the engines of economic growth across the country.  In Charlotte, they employ 90 percent of our workforce,” Foxx said.  “However, in order to prosper, small firms must have access to capital and credit.  In creating this guide, I sought to provide information to municipal leaders nationwide about how they can help small businesses in their communities do just that.”

“At Bank of America we understand the vital role of small businesses in the U.S. economy and we are happy to partner with the U.S. Conference of Mayors to provide this informative guide,” said Robb Hilson, Bank of America Small Business Executive.

The “Mayors’ Access to Capital Resource Guide” offers an overview for mayors of federal programs that facilitate small business lending and initiatives by large and small lenders to make capital more readily available for small business start-up or expansion.  It also contains a summary of best practices by individual cities that provide a range of services to help small businesses secure access to the capital they need.

The following two tabs change content below.
MAYORS & CITIES is a Washington, DC Magazine published by Metropolix Media, Inc a Nonprofit , Nonpartisan News Organization that promotes cities as centers of democracy , good governance , leadership and opportunity by strengthening civic engagement on public policies.Mayors & Cities Magazine also intends to give Mayors , Elected Officials and Citizens the opportunity to make their voices and positions heard in the search for solutions to major problems that our cities are facing today.

You May Also Like

Post Your Comments

Travel
Directory powered by Business Directory Plugin
website security