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...
