Lendistry Helps Minority Business Owners Take Flight at AMAC 2019
LOS ANGELES, September 5, 2019 (Newswire.com) - Lendistry participated in the 35th Annual Airport Minority Advisory Committee (AMAC) Business Diversity Conference in Los Angeles this August. Lendistry participates in the Airport Concessions Disadvantaged Business Enterprise (ACDBE) program, which aims to make it easier for entrepreneurs from disadvantaged communities to gain contracting opportunities at airports. This made the small business lender a perfect fit for the AMAC conference.
The Lendistry team joined hundreds of businesses, individuals, government officials and aviation professionals from around the country to share information about airport concessions and help business owners connect with each other to implement in-depth, actionable plans for success.
Lendistry CEO, Everett K. Sands, joined a panel of finance experts to discuss Building Your Business Plan to Prepare for Financing, which not only answered questions and presented resources but left attendees with a template and checklist they could use to create a strong business plan. Sands says, “We are very excited to help the ACDBEs, the various airports and port authorities and prime contractors as they execute on their business models.” Members of the Lendistry team also met with attendees at the lender’s booth, answering questions and starting them on the path toward fair, affordable financing.
Watch this video to learn how Lendistry helped Palazzo, an airport concession company, to grow when traditional lenders said no.
Lendistry is a minority-owned, technology-enabled CDFI and CDE small business and commercial real estate lender. Lendistry ranks 2nd nationwide in SBA Community Advantage lending, providing responsible financing to small business owners and their underserved communities. Lendistry is a member of the Federal Home Loan Bank of San Francisco, headquartered in a Los Angeles Opportunity Zone with future offices slated for Baltimore and Philadelphia Opportunity Zones in 2020.
Categories: Business Finance