August 2016 Stories and Data

Built to Scale: Designing a Business with Scale in Mind
St. John Manor
Catonsville CO-OP brings together food, community, and local businesses
A Grand Opening Like No Other

Testimonials

We are a CDFI focused on small business lending. We are giving people who deserve a shot at the American dream – but can’t get it because big banks don’t do small business loans or character loans anymore. Small businesses are important sources of jobs, income and innovation.

-Mark Masterson, Neighborhood Community Development Fund, Pittsburgh, PA

CDFIs (Community Development Financial Institutions) are essential for ensuring access to capital in underserved communities. These institutions are not just important; they are vital to the small business ecosystem and represent significant assets for our local and national economies. By supporting underserved entrepreneurs, we actively create opportunities for all and empower individuals to achieve the American dream of growth and prosperity.

-Manuel Campbell, ASPIRE Community Capital, Charlotte, NC

Our credit union has been a certified institution since 2017 if not for the [CDFI] program we could not lend to individuals that have a problem getting funding if this program is not funded many citizens who are in financially weakest position the most.

-Michael Veksler, The Finest Federal Credit Union, New York, NY