CDFI

#CDFIhistoria: Encontrar el acceso al capital le da motivos para celebrar a un proveedor de accesorios para fiestas

Alfredo Zendejas es copropietario de Accesorios Zendejas junto con su esposa, Leticia Sánchez, en Los Ángeles, California. Una verdadera empresa familiar, Alfredo y Leticia trabajan juntos para diseñar, crear y entregar piezas decorativas personalizadas para cumpleaños de 15 años, bautismos, bodas y otras ocasiones especiales.

#CDFIsInvest: Revitalizing Chicago’s South Side One Small Business at a Time

A few years ago, Rachel Bernier-Green was looking for an outlet from the stress of her intense job at a multinational accounting firm and discovered a passion for baking. It didn’t take long before friends and family were encouraging her to sell her baked goods to the masses. Rachel founded ‘Laine’s Bake Shop, LLC in 2013 using a shared kitchen space, working on the side to get her business off the ground. After a few years of baking part-time, Rachel decided to finally quit her job and start a bake shop full-time with her husband Jaryd. 

#CDFIstory: Finding access to capital gives party accessory supplier reason to celebrate

Alfredo Zendejas co-owns Accesorios Zendejas along with his wife, Leticia Sanchez, in Los Angeles, California. A true mom-and-pop enterprise, Alfredo and Leticia work together to design, create and deliver custom decorative pieces for quinceñeras, baptisms, weddings and other special occasions.

Small Businesses Score Points in Bank Regulation Change

Since 1977, the Community Reinvestment Act has required U.S. banks to meet the credit needs of people living in the areas where they do business — particularly those with low and moderate incomes. Banks are graded on how well they meet that mandate, and their track records matter when it comes to getting federal approval of changes such as a merger with another institution, or the opening of another branch.

Nonprofit prides itself on lending to LGBT business owners

Pride is always a busy day for Brenda Buenviaje — but then, so is every Sunday at the chef’s two Southern-inspired restaurants.

Buenviaje is one of several lesbian, gay, bisexual and transgender business owners who got their start thanks to the Opportunity Fund, a nonprofit microloan program that aims to help underserved small-business owners. Those with backgrounds underrepresented among entrepreneurs can get financing from the fund that banks and other lenders might deny them.

Excelsior Growth Fund Launches Business Resource Library for Small Business Owners

Excelsior Growth Fund (EGF), a non-profit Community Development Financial Institution (CDFI) dedicated to helping New York businesses grow by providing loans and advisory services, has launched an online Business Resource Library to provide local entrepreneurs with a trusted resource for information on a variety of business and financial management topics.

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