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.

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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 …

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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 …

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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 …

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