The Mountain Plains Minority Supplier Development Council has assembled various financial service providers to assist Minority Business Enterprises seeking to stabilize their business during the COVID-19 epidemic.
The national health crisis and resulting shut down has caused drastic affects for businesses already plagued with systemic obstacles. “Bringing together financial resources and partners willing to work with our MBEs is critical to their survival and communities throughout our four state region,” said MPMSDC President & CEO, Stan Sena. Bank of Blue Valley’s Senior Vice President of Commercial Lending, Clarence Nichols, brings a wealth of knowledge and experience in funding and will provide valuable information to MBEs on obtaining financing from traditional lending institutions. Alt-Cap President, Ruben Alonso, III, will share the Kansas City based CDFI’s processes and ability to lend to businesses that may have been turned down by traditional banks. Alan Ramirez, Director of Lending for the Colorado Enterprise Fund, will detail the organization’s efforts to accelerate community prosperity. Finally, Steve White, Lead Lender Relations Specialist for the Colorado District Office for the U.S. Small Business Administration, will share updates on PPP lending and additional resources for small business owners. Bringing together varied lending institutions who have dollars to allocate to MBEs is a major differentiator for the MPMSDC.
The virtual “Access to Capital” event will take place Tuesday, June 30th at 2pm MST. Attendees can attend the virtual event by registering at www.mpmsdc.org.