Washington, DC (January 30, 2024)—The Airport Minority Advisory Council (AMAC) has partnered with Lendistry, a minority-led small business lender and U.S. Small Business Administration (SBA) Preferred Lender, to provide a unique Airport Concession Lending Program to AMAC’s diverse membership of minority and women-owned small businesses.
“AMAC’s mission is to advance the full participation of minorities and women in employment and contracting opportunities throughout the aviation and aerospace industries. The predominant challenge small businesses face is access to capital. We are excited to partner with Lendistry to provide access to the financial fuel needed by our members to pursue these opportunities, “said Eboni Wimbush, AMAC President & CEO.
AMAC members and Airport Concessions Disadvantaged Business Enterprise-certified airport concession businesses are encouraged to take advantage of this partnership when they need commercial financing.
“Airport concessions have a unique business model, which can make it difficult for them to find lending partners who are willing to finance them,” says Everett K. Sands, Lendistry Founder & CEO. “Lendistry is happy to work with AMAC to help their members access capital and grow their businesses.”
The program content will include webinars, educational materials, and exclusive content for AMAC members.
About the Airport Minority Advisory Council (AMAC)
AMAC is the only national, non-profit trade association dedicated to advancing the full participation of minorities and women in employment and contracting opportunities throughout the aviation and aerospace industries. Since 1984, AMAC has been at the forefront of nearly every national policy initiative impacting the participation of disadvantaged businesses in airport contracting. AMAC works consistently with Congress, the federal government, aviation trade associations and strategic partners as resources for information, education and guidance on business and employment matters. AMAC represents a diverse membership of airports, corporations, minority, women-owned and disadvantaged business enterprises, and professionals within the aviation and aerospace industries. For more information, visit www.amac-org.com.
B.S.D. Capital, Inc. dba Lendistry (lendistry.com) is a minority-led fintech that provides innovative lending products and access to grant programs for small businesses nationwide. Headquartered in a Los Angeles Opportunity Zone, Lendistry uses technology and community partnerships to overcome systemic gaps that inhibit access to capital, and to empower its customers with responsible financing options. Based on its reputation for deploying funds efficiently and equitably, Lendistry’s leadership is often called upon to share their expertise with both government and private organizations. Lendistry has both Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications and is a member of the Federal Home Loan Bank of San Francisco. Lendistry SBLC, LLC is an SBA Preferred Lender and the nation’s only African American-led SBA designated Small Business Lending Company. In collaboration with The Center by Lendistry, a nonprofit business education organization, Lendistry dedicates itself to providing economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.
Ramon Lo, AMAC
Kate Kearns, Lendistry