Friday, March 8, 2013

Wells Fargo pledges loans to women-owned businesses

Wells Fargo said Friday it would commit $55 billion in loans to women-owned businesses by the end of the decade, renewing a commitment it first made in 1995.

The bank said it has lent $38 billion to women-owned firms in the 18 years since first putting an emphasis on the demographic.

Some of Wells' peers have made pledges to women-owned businesses in the past. Bank of America was honored by an organization earlier this month for its corporate spending among women-owned firms.

5 comments:

DolleyMadison said...

How heartwarming! Such largess is easy when you are fraudulently foreclosing on people who never missed a payment. Too bad the man WF KILLED isn't alive to see how kind his killers are.

http://www.laweekly.com/2013-03-07/news/wells-fargo-typo-victim-dead-larry-delassus/2/

Garth Vader said...

How did Wellschovia have the time to foreclose on so many homeowners when they were spending most of their time laundering drug money?

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs

sigsoogca said...

Thank you so much for guys for sharing on this info with us for sure I learn more from here.

Women owned businesses

Anonymous said...

To the first few commenters - do you believe everything you read? It's on the Internet...it must be true. As a woman, I'm pleased to see that these large corporations are reaching out to women looking to start their own businesses. We need more of that kind of support.

DolleyMadison said...

As a woman, I need the RULE OF LAW to be followed - do you think most women want money taken from a disabled man, never missed a payment but was foreclosed on due to a typo listing his address instead of his nieghbors? Even AFTER WF KNEW they had the wrong address? Really? And if you don't beleive "the internet" how about the FDIC?