Overview

Rende Progress Capital is a racial equity loan fund based in Grand Rapids, Michigan who work with excluded entrepreneurs in an effort to eliminate the racial wealth gap. CO-Founders Eric K. Foster and Cuong Huynh have sought to form a solution that has excluded many entrepreneurs from acquiring business funding basic on historical bias within traditional lending. In December of 2018, RPC participated in its first funding project and continues to lend capital and offer technical assistance for business owners today by partnering with allies in the financial services space, entrepreneurial support organizations, along with foundations, and corporations

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