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What Are the Different Types of Term Loans you can get at a CDFI?
Are you a struggling entrepreneur looking for ways to finance your business? Partnering with a Community Development Financial Institution (CDFI) to secure a business loan could be the solution you’re looking for. However, you may be wondering what kind of term loan is best for you and your business. A term loan is a loan that provides you with a lump sum that gets repaid in regular installments over a set period of time. Read on to learn more about three types of term loans that CDFIs offer to see which would work best for your business.
Recreational Economies Initiative (REI) for West Virginia
Tourism and recreation have a significant impact on the economy of West Virginia. Tourism, specifically, is one of the state’s leading industries, generating billions of …
Banks vs. CDFIs: What’s the Difference?
Running a business is not easy. Growing a business is harder still. Finding funding to grow your business can feel downright impossible. What do you …
Why You Should Partner With a CDFI
As a small business owner, founder of a non-profit organization, or member of a low-income community, you may experience difficulty when it comes to funding …
