UBIZ Venture Capital
UBIZ VENTURE CAPITAL
SMALL BUSINESS LENDING PROGRAM
The UBIZ Venture Capital (UVC) is a vehicle that has been strategically established with the full support of the Urban League of Greater Cleveland’s (ULGC) board of directors to bring tangible solutions to disparities in small business lending for African Americans and other disadvantaged small businesses.
UBIZ provides intense pre-loan counseling and technical assistance to minority and disadvantaged businesses that have growth potential but are having difficulty securing much needed capital to scale their businesses. This assistance is provided through the Urban League’s Entrepreneurship Center and other partner organizations. The quality of our loan portfolio is directly related to the emphasis placed on pre-loan counseling to ensure that the business owners fully understand how to manage the business “by the numbers” and have a clear and realistic strategy for sustainable business growth.