Tag - PeopleFund

April 8By Comments OffRead more...

3 Lessons from a PeopleFund Borrower

PeopleFund is a CDFI = Community Development Financial Institution and is a non-profit lender. A CDFIs’ goal is to broaden economic opportunity by providing access to financial services. CDFIs provide a range of financial products, like mortgages for low-income and first-time home buyers and commercial loans for small businesses (PeopleFund). About 1,000 CDFIs are in operation across the country. One of the amazing things about CDFIs is that they offer technical assistance and training programs to small businesses to help them get started and grow sustainably. Some offer mentoring and advisory services (That’s ME!).  We know that learning and growth requires support. To apply for financing, small-business owners...

March 4By Comments OffRead more...

5 Things You Need to Know About Accessing Start-up Capital

Looking for funding to start or grow your start-up business? As a Start-up, a business with less than two years of operation, you face unique funding challenges. The good news is that there is a community of resources available to help [Thank you Sparkyard]!  Knowledge is power. By increasing your understanding about how to prepare for accessing capital that power is yours.  I like to think of preparation in terms of those little, stackable children’s toys: Legos.  When new entrepreneurs talk about the ideas they have for a business, those ideas are often scattered, like a box of spilled Legos. The little colorful...