Oftentimes, small businesses and entrepreneurs seeking to start businesses require capital to do so but do not have the track record necessary to be eligible for loans from traditional sources. Additionally, they may not have the size or scale to justify their lending needs. However, the ability of … Read more

Previous blog posts have discussed the role of Community Development Financial Institutions (CDFIs) in North Carolina. CDFIs are typically smaller financial institutions that engage in mission-drive lending intended to expand access to capital in low-wealth and underserved communities in order to fo … Read more

A previous blog post discussed the role of Community Development Financial Institutions, or CDFIs, in North Carolina. CDFIs are typically smaller financial institutions that engage in mission-driven lending intended to expand access to capital in low-wealth and underserved communities in order to fo … Read more

Access to affordable financing is a growing challenge for small businesses, particularly in low-income, rural, and underserved areas of the state. It is also true, however, that banks, credit unions, and intermediaries in these areas have capital to lend. How can we connect businesses in need of fin … Read more