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Crowdfunding expands access to capital for women, minority entrepreneurs

3/20/2013

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The growing popularity of crowdfunding has created a new fundraising mechanism for women and minority entrepreneurs, groups that have at times felt ostracized by the more traditional ways of raising money to start or grow a business.

Several initiatives are taking shape here in Washington. A crowdfunding Web site geared toward black entrepreneurs has come online, and minority economic development groups are educating their client base about the practice’s potential.

Crowdfunding requires an entrepreneur to mine his or her social networks and use online marketing to collect small sums of money from a large pool of individual investors. There are no credit barriers to clear or wealthy contacts to tap.


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    Dan Garcia

    Trevana Properties is a placement company working with a variety of hedge funds, REIT's, commercial banks, specialty boutique lenders, private investors and other funding sources not widely known to the general public.

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  • Home
  • Business Financial Suite
    • Business Credit Building
    • Frequently Asked Questions
    • Coaching
    • Testimonials
    • About Us
    • Privacy Policy
  • Specialty Products
    • Fix & Flip Financing
    • Small Balance Commercial Loans
    • Subprime SBA Financing
    • Business Marketing
    • Business Revenue Financing
    • Private Equity Financing
    • Multi-Family
    • Church Financing
    • Truck Financing
    • Book of Business Financing
  • Business Credit & Funding
    • Prequalification Form
  • Financial Products
    • Business Financing
    • Commercial Bridge Financing
  • About
    • Contact
    • Testimonials
    • Business Financial Suite Videos