The Business Consortium Fund, Inc., a non-profit business development program of the National Minority Supplier Development Council, is supposedly the nation’s most comprehensive financing and business support organization dedicated exclusively to the ethnic/racial minority-owned business sector. It was created to be a “difference maker” for minority-owned businesses that need capital and business support services to grow their business but are unable to obtain financing from conventional sources on reasonable terms. The BCF’s mission is to level the playing field for small minority businesses attempting to secure contracts from major corporation by working jointly with selected banking institutions to guarantee loans to provide capital so that these small businesses may have the funds to meet their contractual obligations, hire new employees and grow their businesses. READ MORE
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