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$75 Million Wells Fargo Program Supports Diverse-owned Small Businesses with Loans, Grants to CDFIs (Wells ...

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(Source: Wells Fargo & Company) Three-year capital program created in collaboration with Opportunity Finance Network SAN FRANCISCO, November 2, 2015 Wells Fargo & Co. (NYSE:WFC) today announced the launch of its Wells Fargo Works for Small Business: Diverse Community Capital program. The three-year program will deliver $75 million in grants and lending capital to Community Development Financial Institutions (CDFIs) that serve diverse-owned small businesses. The Company kicked off the program by announcing grants and lending capital to three CDFIs: OBDC Small Busineses Finance in Oakland, Calif., Black Business Investment FundFlorida in Orlando, Fla., and Hope Enterprise Corporation in...

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