The Black Informant | African American Commentary, News and Community Building

Wells Fargo aims $1B at black-owned businesses
East Bay Business Times

Wells Fargo & Co. is targeting black business owners in a newly announced $1 billion lending campaign.

San Francisco-based Wells Fargo (NYSE: WFC) is marking the 10th anniversary of its African American Business Services program, which provides outreach and educational services. It reached a goal of lending $1 billion to black business owners this year, two years ahead of its 2010 goal. The bank has set another goal of lending an additional $1 billion by 2018. (more…)