Banks and community development financial institutions (CDFIs) each play important roles in financing projects that strengthen communities. While most borrowers are familiar with traditional banks, many are less familiar with CDFIs. Banks and CDFIs operate independently, and their relationships take many forms. Sometimes partnerships are directly visible to borrowers, and other times cooperation happens behind the scenes. Either way, it isn’t unusual for financial institutions to collaborate on behalf of borrowers.
Continue readingTag Archives: Clearinghouse CDFI
Clearinghouse CDFI Boosts Housing
Clearinghouse CDFI has provided a $550,000 refinance loan for a multi-family affordable housing property in Clovis, New Mexico. Clearinghouse CDFI is a direct lender financing projects that create jobs and services to help people live, work, dream, grow, and thrive in healthy communities.
Continue readingThe 5 Cs of Credit
Clearinghouse CDFI (Community Development Financial Institution), which provides affordable, flexible loan solutions to support small- to medium-size businesses, entrepreneurs, developers, and nonprofits, is offering a live webinar to give insight into credit evaluation.
Continue readingLenders Helping Lenders: Homewise Gets Loan from Clearinghouse CDFI to Support Small Business
Clearinghouse CDFI (CCDFI) provided a $800,000 loan to Homewise, Inc. to build out a locally owned and operated restaurant in Santa Fe.
Continue readingClearinghouse CDFI
Clearinghouse CDFI is a direct lender financing projects that create jobs and services to help people live, work, dream, grow, and thrive in healthy communities.
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