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SBC Team

Need Capital? Consider a CDFI

Posted by SBC Team Apr 20, 2018

If you’re a small business owner looking for capital, you may want to consider looking into Community Development Financial Institutions, or CDFIs—organizations that specialize in lending to small businesses. While approval rates are higher than at traditional banks, there are pros and cons. Check out our infographic to learn more about whether a CDFI fund might be right for your business.

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INTERESTED?

 

Figure out if there's a CDFI that could work for you by checking the U.S. Treasury's tool, or try the Bank of America CDFI locator.

 

Remember: If you decide to apply for CDFI financing, be prepared—they may operate differently than your bank and ask for other information.

 

 

Click here to download a PDF version of this infographic.

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