Exploring alternative funding options: What is a CDFI?
Posted: July 18, 2017Are you a small business owner looking for alternative funding options beyond a traditional bank loan? A CDFI loan might be the answer you’ve been looking for.
While traditional bank lending is down, organizations called community development financial institutions, or CDFIs, are stepping up to fill the void by focusing on supporting small businesses and local economies in a holistic way. So what is a CDFI?