OneUnited Bank, Lendistry join forces to provide small-business loans

B.S.D. Capital Inc., doing business as Lendistry, joined forces with OneUnited Bank to provide small-business loans to customers of the Black-owned bank, which aims to close the racial wealth gap by providing a resource for term loans and nonrevolving lines of credit to small businesses in the U.S.

With Lendistry, OneUnited Bank can support customers who are business owners seeking funds to expand, to buy an existing business or to finance working capital.

Lendistry, a Black-led fintech, is a resource for all OneUnited Bank customers for small-business loans through the bank's online banking platform and mobile app. Business owners can access the resource even if their business does not have a business banking relationship with the bank.