Tag: low-interest loans

Economy, Finance, Resources

A Miami bank receives $250M from the US Treasury to make loans to minority-owned small businesses

Banesco USA will be offering low-interest commercial loans to Miami-area companies, mainly minority-owned small businesses. The Coral Gables-headquartered bank, which focuses on commercial lending in South Florida and Puerto Rico, received a $250 million capital injection from the U.S. Treasury. With that money it will increase lending to small and […]