follow-up about credit unions
Bendfeldt, Eric
Dear Shenandoah Valley Food and Farm Network colleagues:
Hope you are doing well.
As a follow up to the email about Credit Union Small Business Jobs Bill S.2231 and proposed legislation, lending always entails a certain level of risks no matter the size of the loan or amount so due diligence is needed and required for any loan. The effort is to allow for more community-based investing and lending opportunities by credit unions and to help startups and those local small and mid-sized member businesses that are looking to expand.
Below is a link to a video about some local farm and food-based businesses and others that have worked with local credit unions. Again, the video is educational and is for those interested in having a voice on the proposed legislation.
VIDEO: http://youtu.be/fA-TSI4t94s
Please share or disregard as you see fit.
Best regards,
Eric
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Eric S. Bendfeldt
Extension Specialist, Community Viability
Virginia Cooperative Extension
2322 Blue Stone Hills Drive, Suite 140
Harrisonburg, Virginia 22801
Phone: (540) 432-6029 Ext. 106 Cell: (540) 209-4705
Fax: (540) 432-6251
Email: eben...@vt.edu
Serving the Commonwealth of Virginia
"All the great things are simple, and many can be expressed
in a single word: freedom, justice, honor, duty, mercy, hope."
~ Winston Churchill
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