The summit also focused on the debt and equity needs of existing
firms, particularly those in service sectors. Goals of the business
finance initiative include:
1. Replicating existing successful state finance
programs. "This means adding credit enhancers like SBA loan
guarantees and creating more local collateral pools," says
Lindsey Johnson Suddarth of Women Inc., a nonprofit organization
for women entrepreneurs.
2. Creating a new model for lending that recognizes
brains, ideas, people and contracts as assets.
Content Continues Below
3. Advocating the collection of loan data by race
and sex.
Summit organizers also plan to use a Philadelphia program as a
model for creating volunteer networks that connect women who have
successfully completed the equity process with those seeking
funding.

Page
1 |
2 | 3 |
4 |
5