cdfi

Local Initiatives Support Corporation (LISC)

One of the largest CDFIs in the country, providing affordable capital, grants, and technical assistance to small businesses and community organizations in under-resourced neighborhoods.

In plain terms: This organization provides loans, grants, and technical assistance to help small businesses and community programs grow. You can use it to find financing, connect with local offices, and search educational resources.

Why I recommend it: Good mix of money and hands-on technical assistance, not just a loan.

CDFI Fund (U.S. Department of the Treasury)

Federal fund that certifies and invests in Community Development Financial Institutions delivering affordable capital to underserved small businesses and communities nationwide.

Why I recommend it: Use their directory to find a certified CDFI lender near you before you try a big bank.