Native American Capital, LLC (NAC) is a provider of full-range consulting services to the Native American business community, both on and off reservations. NAC is committed to providing innovative, customized solutions to the challenges that our clients face in all of their business and economic development ventures. To learn more about NAC, please select one of the topics on the top of your screen.

May 22, 2011

NAC client the Delaware Nation of Oklahoma was featured prominently in a Financial Times article illustrating the lack of available funding to businesses located in Indian Country.  In the article, titled "Lights go out for Native American Hopes," the FT describes the Delaware Nation's inability to secure financing for a tribally owned lighting manufacturing business created to increase employment opportunities for tribal members.  Delaware Nation President Kerry Holton is quoted describing banks' unwillingness to lend into projects necessary for a functioning economy, and the uselessness of the tax-exempt bond allocation program.  Kerry explains, “Banks won’t take any risk whatsoever with us.  Unless you have twice as much in assets than what you are loaning, they are not interested”.