News & Press
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.
USDA RURAL ENERGY FOR AMERICA PROGRAM, Inflation Reduction Act – Grant and Guaranteed Loan
Thanks to the Inflation Reduction Act (IRA), REAP can now provide guaranteed loans of up to 75% of the cost of eligible projects and grants covering up to 40% of project costs for small businesses and agricultural producers that want to integrate renewable energy technology. Applications for the 2023 fiscal year are due March 31, 2023.
What Are the Different Types of Community Development Financial Institutions (CDFIs)?
As a small business owner, you may be struggling to find a way to fund company. Luckily, Community Development Financial …
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 …
NCIFund Partners with Truist and CornerSquare Community Capital to Support Underserved Small Businesses in Central Appalachia and the Southeast
Today, Natural Capital Investment Fund (NCIFund), a Charles Town, WV based community development financial institution (CDFI) is announcing its partnership …
NCIFund and Positec Group Award $50,000 in COVID-19 Emergency Grants to NC Small Businesses
CHAPEL HILL, N.C. — The Natural Capital Investment Fund (NCIFund), a mission-driven small business lender to locally-owned enterprises in the Southeast and central …
NCIFund Receives Loan To Support Downtown Redevelopment and Entrepreneurship in Charleston, WV
SHEPHERDSTOWN, W.V. — The Natural Capital Investment Fund (NCIFund) recently received a $300,000 loan from the Greater Kanawha Valley Foundation in Charleston, …
NCIFund Opens Low Interest Hurricane Recovery Loans to Carolina Farmers
Natural Capital Investment Fund (NCIFund), Carolina Farm Stewardship Association (CFSA), and Rural Advancement Foundation International (RAFI-USA) committed to recovery of …
New Grant Supports West Virginia Downtown Redevelopment
Natural Capital Investment Fund and Northern West Virginia Brownfields Assistance Center to Support Diverse Economies and Job Creation SHEPHERDSTOWN, W.V.— …
United Bank Funding Supports West Virginia Small Businesses
Natural Capital Investment Fund Receives Funding from United Bank to Support Small Businesses in 26 Underserved West Virginia Counties SHEPHERDSTOWN, …
