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Get to know Business Consortium Fund

Established in 1987 by the National Minority Supplier Development Council (NMSDC), the Business Consortium Fund (BCF) is a non-profit organization dedicated to financing the growth and development of NMSDC-certified minority business enterprises (MBEs). As the nation's most comprehensive financing and business support organization for minority-owned businesses, BCF is a U.S. Treasury-certified CDFI. Its mission is to provide essential capital and advisory services to help these businesses expand, create jobs, and contribute to the economic strength of their communities.

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Business Consortium Fund

Name: Business Consortium Fund
Address: 105 Madison Avenue, 10th Floor, New York, NY 10016, United States, US
Telephone: (212) 243-7360

United States

Founded in

1987 (39 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

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.