Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Small Biz Boom: Commercial Lending to Indians on Rise

 


There is an expanding appetite for commercial lending on tribal trust lands, though potent barriers remain, according to the federal Office of the Comptroller of the Currency.

OCC, in its February 2016 Community Development Insights newsletter, said Indian country has been experiencing higher economic growth since the 1970s, with gains (while varying from region to region) in real per capita income, median household income, employment, infrastructure, and education.

Read more at http://indiancountrytodaymedianetwork.com/2016/05/10/small-biz-boom-commercial-lending-indians-rise-164425

 

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