Finance
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- By Chez Oxendine
- Finance
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After a historic 2022, Indian Land Capital Company (ILCC) aims to do even bigger things over the next 12 to 15 months — to the tune of “$20 million to $25 million in projects,” CEO Rjay Brunkow, a member of the Turtle Mountain Band of Chippewa Indians, told Tribal Business News.
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- By Tribal Business News Staff
- Finance
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SCOTUS hears arguments in bankruptcy case that has implications for doing business in Indian Country
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- By Brian Edwards
- Finance
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WASHINGTON—A bankruptcy lawsuit involving an $1,100 payday loan could redefine a decades-long interpretation of tribal sovereign immunity and bleed into many aspects of doing business in Indian Country.
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- By Tribal Business News Staff
- Finance
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Jamul Indian Village Development Corporation announced last week that it closed on a $515 senior credit facility led by KeyBanc Capital Markets, Inc.
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- By Elyse Wild
- Finance
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Native-owned venture capital firm Relevance Ventures led a $16.8 million Series-A funding round for Powers Gymnastics, which operates the largest network of USA Gymnastics-certified gyms in the nation.
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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.