Small businesses are the backbone of the US economy. One estimate is that Small businesses
Small businesses are the backbone of the US economy. One estimate is that Small businesses
CDFIs are the oil in the engine of our economy. They support small businesses with patient flexible capital, when they need it the most; when they are starting out. Without support for these institutions, small businesses will be blocked by high fees, high interest rates, demand payments, and other predatory behavior that impedes and tanks their efforts to grow the US economy.
CDFIs are an important to give access to those who can’t get access to capital from traditional banks and provides important Technical assistance to borrowers pre and post loan as needed.