Small Business Finance Advice Blog

Thursday, February 23, 2006

Have you heard of CRAFund Advisors?

I came across an extremely interesting press release today. Its basically touting a new "Small BusinessInitiative" that will supposedly raise $50 million then offer the funds to small busines soperators in minority communities all over the United State (its also designed to aid areas hit byHurricane Katrina and other natural disasters).

This effort is being headed by CRAFund Advisors and will be operated as the CRA Qualified Investment Fund (a mutual fund).

This is all very radical because Mutual Funds are typically considered to be "safe" investments that are backed by very stable companies.

If you have a steady small business in one of the designated areas this initiative could be a good way to raise funds.

For more info visit:
Click Here to Read More...

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