This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Launching a small business takes capital, and many ...

Bank financing for entrepreneurs is harder to get these days, thanks to rising interest rates and the collapse of Silicon Valley Bank. That’s especially problematic for entrepreneurs of color, who ...

ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community ...

Maine has a burgeoning refugee and immigrant population with a keen entrepreneurial spirit that is getting attention from a Lewiston, Maine, CDFI called Genesis Fund. Many originally hail from Somali ...

Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs) for underserved borrowers after it reached a tentative deal with the U.S. Department of Treasury that ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In 2015, CityWide Development sought designation through ...

Community development financial institutions have a long history of providing vital economic lifelines to communities across the country. Credit unions have always been an important part of that story ...

ANAHEIM, Calif.--(BUSINESS WIRE)--The Change Company, America’s Community Development Financial Institution (CDFI), is pleased to announce that it has closed the first ever securitization of ...

Non-bank originator Change Lending lost its Community Development Fund Institution (CDFI) certification, according to a report from Barron’s. Change Lending was removed from the CDFI Fund’s list of ...

Because women-owned businesses are smaller, with fewer financial resources, they are less resilient to economic shocks. It happened after the financial crisis of 2007-2009, and without intervention, ...