VEDC (Valley Economic Development Center) Black Owned Business Owners Continue To Have Negative Experiences With VEDC Van Nuys California

There appears to be a swarm of Black business owners coming forward who have reported discriminatory and negative experiences with the VEDC Van Nuys Lending Department. The article below indentify's a number of other complaints. It's really disappointing when you find lenders like the VEDC Van Nuys Lending department that benefit from Non-Profit status, by using artificial social responsible mission statements as bate to retain minorities borrowers who typically do not understand their rights, or feel as though they will not being able to raise capital through a traditional bank.

In turn the VEDC Van Nuys lending department feels as though they have the right to harm you, because they provided an opportunity. My experience as a black borrower with the VEDC Van Nuys Lending department ended up being one of the most toxic, and sickening experiences of my career. After experiencing a business hardship, the management within the VEDC Van Nuys Lending department deliberately try to put my company out of business, damage our business credit, and prevent us from raising capital from other lenders. The management at the VEDC Van Nuys Lending department desparately needs a makeover. Proceed with caution.

Black Business Leaders Question JP Chase Morgan VEDC Partnership

http://comptonherald.com/black-business-leaders-question-jpmorgan-chase-loan-partnership/