Home-grown financing is the way to go. We have seen it work in the United States and abroad, but there are few businesses that specialize in it. Regional Financing West Columbia is a new startup that specialises in localized business financing. Developed by the Los Angeles-based Wall Street firm Metro Capital, Regional Finances West Columbia aims to bring state-of-the-art financing to the people of the region. They are going after the goal of making local home financing accessible for people without a credit history or prior experience with loans.
The region has more than $6.3 billion of deferred transportation funding, a $9 billion budget reduction, and their forecasts show the region will end up with an increase in growth and employment. This year they’ll be mostly focused on business and technology development and they’re hoping to be a national leader in this area. In fact, one of the first things they’re doing is soliciting biz ideas from the business community.