This post is for informational purposes only. Denklyem Co-Op is not an accounting professional service. Consult with a certified financial advisor before you rely on this information. It’s not too early to plan ahead for next year’s business taxes. While this year’s process is fresh in your mind, make a plan to create more efficient …
Acts of service is Denkyem’s love language. We invest in Black-owned businesses who are involved in their communities. Acts of service can be big or small. They can require large amounts of funds, or just time and effort. Community support can be the main mission of a business or in addition to the products and …
When’s the last time that you asked for help? It’s a skill that comes easy to some, but for others it can be a big challenge. Our society glamorizes the idea of independence. We’re quick to add “self-made” to someone’s achievements and don’t often pause to consider the people who helped along the way. The …
The mission of Denkyem is simple: provide access to affordable loans for Black-owned businesses. The process is simple: a straightforward form. Clear and transparent verification and a support system personalized to each client. So when Denkyem decided to allow for philanthropic investments to further our purpose, simplicity was important. That’s why we’ve partnered with Realize …
Devin Stubblefield of Faith Finance Center has a background in financial services and banking, but working with Denkyem was his first time applying for a loan himself. Why? It’s because of what he calls the “intimidation factor”. “I said, do I really need to go through that? The other part of it is that I …
In the late 1960’s Charlene “DeCharlene” Williams was denied loans by 30 different banks before her salon opened for business. This Central District story is one of many. It’s part of a systemic issue Black businesses are still facing today – a fact amplified by the current need for support during the worldwide pandemic. At …
