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Get to know business center for new americans

Founded in 1997, the Business Center for New Americans (BCNA) is a U.S. Treasury-certified Community Development Financial Institution (CDFI) dedicated to supporting the economic empowerment of new Americans, refugees, and women. The organization's mission is to foster entrepreneurship within these communities by providing essential microloans, comprehensive business training, and one-on-one technical assistance. BCNA helps aspiring entrepreneurs who often face barriers to accessing traditional capital and business support, enabling them to build assets, create jobs, and contribute to the local economy.

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business center for new americans

Name: business center for new americans
Address: 120 Broadway, Suite 230, New York, NY 10271, US
Telephone: (212) 634-9896

United States

Founded in

1997 (29 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.