Tribal governments are looking to the lending industry for the kind of economic boost that casino gambling has offered over the past 25 years.
“We are excited. It’s really a dynamic time for tribes in terms of a new economic development opportunity for them,” said Barry Brandon, executive director for the Native American Financial Services Association in Washington, D.C. The newly formed association strives to get out front with information to help tribes avoid the missteps that some tribes already have made in getting in early.