Lendistry announced today that its founder and CEO, Everett K. Sands, will be speaking at the Freedman’s Bank Forum as part of a panel discussing “Investing in Entrepreneurs and Businesses”. The Freedman’s Bank Forum, hosted by the U.S. Treasury Department, explores how private, public and nonprofit leaders can help make the U.S. economy work for all Americans.
This year’s Forum will be held on March 3, 2020, and will emphasize the importance of Minority Depository Institutions (MDI) and the part private institutions play in elevating economic growth for underserved entrepreneurs. This topic is ideal for Lendistry’s CEO, who founded the small business lender with the mission of helping small business owners in underbanked communities get the funds and business support they need to grow as well as having previously worked at 2 MDIs in his career prior to joining Wells Fargo.
Specifically, the panel in which Sands will speak focuses on ways lending and investment firms can reach business owners in diverse demographics. Sands says, “I am extremely excited to think through ways in which we can collaborate to expand MDI innovation and lending to small businesses.” Sands is a frequent and engaging speaker, bringing his knowledge to lectures, panels, and even podcasts to help minority and women small business owners and the institutions that support them find the best way forward.
Lendistry is a minority-owned, technology-enabled CDFI and CDE small business and commercial real estate lender. Lendistry ranks second 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. Lendistry and its nonprofit partner organization, The Center, support small business owners because when locally-owned businesses grow, their communities thrive with them.