The Lendinero Hispanic Business Foundation (LHBF)
The Lendinero Hispanic Business Foundation (LHBF) is a 501(c)3 organization that provides grants, resources and assistance to Latino-Owned Businesses (LOBs) and other minority owned businesses. Together we will keep Hispanic businesses open for generations to come.
LOB Impact on the U.S. Economy
that your business is more than just a way to make money. It’s a way to improve your life, care for your family, and contribute to your community. Latino-owned businesses, referred to as LOBs, contribute to the American economy each year. The 2021 report by Latino Donor Collaborative calculated the total economic output (gross domestic product, or GDP) of Latinos in the United States at $2.7 trillion in 2019. This is up from $2.6 trillion in 2018, $2.1 trillion in 2015, and $1.7 trillion in 2010. Closing the opportunity gap for Latino-business owners will represent over $3 trillion in GDP in 2023. Indeed, that could buy everybody a nice little tax cut or a lot more services with your donations.
What We Offer
Resources, technical and financial assistance to Latino-owned businesses (LOBs) from start ups to operational businesses. We provide business grants to help Latino-owned businesses and minorities. Our grants range from $200 to $20,000 to assist LOBs with with business operational costs to include (marketing, ordinary expenses, improvements, operations, etc.) Start ups must have 6 months in business minimum.
Your donations lift up Latino-owned business by providing capital, coaching, and community. With your support, business owners can launch their operations, grow their businesses, obtain technical assistance, grants and better care for their families. Also, they fill a need within their communities, and employ people from their neighborhoods.