Small Business Lending: A Quick Take on the CDFI Banking Industry
Date:
09/2013
This Quick Take explores the important role that CDFI Banks play in small business lending. CDFI Banks have $4.5 billion invested in outstanding small business loans, representing 25.1% of the industry’s total lending. The banks that provide these loans offer credit to job-creating enterprises in underbanked and low-income communities where other financial opportunities may be limited.
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