CDFIs: Promoting small businesses and economic development

Sep 30, 2015

As the nation’s largest lender to community development financial institutions (CDFIs), we invest more than $1 billion in CDFIs in all 50 U.S. states, and Puerto Rico and the District of Columbia. CDFIs – also known as local loan centers – provide capital, mentoring and financial advice supporting small businesses, affordable housing and nonprofit organizations operating in lower income communities. Through these innovative partnerships, we’re making more loans available for people and communities, and helping address important economic and social issues.

With the support of 120 CDFI partners, we created a searchable directory to connect small business owners to more capital. Search the directory to find a CDFI that fits your needs.

Small business ownership can fuel the growth of local economies, and our partnerships with CDFIs provide invaluable financial assistance and mentoring to promising businesses. CDFIs, along with consulting from our small business bankers, offer another way for small business owners to achieve their goals and grow their businesses.

CDFIs can help small businesses revitalize a community. When Keith and Nancy Kouris wanted to expand their café in a historically depressed town on Long Island, a local CDFI was their option for financing. Read their full story here.

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