Finance
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- By Elyse Wild
- Finance
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When it comes to business lending in Indian Country, character may count more than credit scores.
That’s according to a report from the Minneapolis-based Center for Indian Country Development, which reveals that character-based risk assessment may be a more accurate predictor than credit profile and income when it comes to business lending by Native Community Development Financial Institutions (CDFIs).
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- By Brian Edwards
- Finance
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WASHINGTON — The U.S. Department of the Treasury has upped the amount of financial assistance it is providing to Native Community Development Financial Institutions (CDFIs) in its latest — and later than usual — round of funding.
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- By Tribal Business News Staff
- Finance
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Haliwa Saponi tribal citizen Fatima Abbas has been named the first director of the U.S. Treasury’s recently created Office of Tribal and Native Affairs, according to a Treasury announcement last week.
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- By Chez Oxendine
- Finance
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An Alaskan Native Corporation has joined forces with an Anchorage-based investment firm to raise a $250 million private equity fund.
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- By Tribal Business News Staff
- Finance
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The CEO of a 100-percent tribally owned insurance company is back after a one-year leave of absence to serve as appointed spiritual leader for the Pueblo of Acoma.
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- By Brian Edwards
- Finance
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Raven Indigenous Capital Partners has raised $75 million (U.S.) to support early- and growth-stage companies led by Indigenous entrepreneurs in Canada and the U.S.
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- By Chez Oxendine
- Finance
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For many Native entrepreneurs, there’s often a cliff in their future — and that’s if they’re successful.
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- By Tribal Business News Staff
- Finance
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PHOENIX — Native financial executive Hattie Mitchell has been appointed to a two-year term on the Government Accounting Standard Advisory Council (GASAC).
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- By Tribal Business News Staff
- Finance
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The Native CDFI Network, a national advocacy and policy organization, is launching a new weekly online series about creating economic opportunities for Native communities.
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- By Chez Oxendine
- Finance
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Earlier this month, the Wells Fargo Foundation launched a $20 million grant initiative to help increase economic opportunities in Native American communities in six states. Dubbed “Invest Native” by the financial giant, the funding will be dispersed to Native-led organizations in Arizona, Montana, New Mexico, North Dakota, South Dakota, and Wyoming.