MoFi ( $3 million loan). Supplying financing and consulting solutions that transform the everyday lives of individuals and reinforce community prosperity, MoFi reaches throughout the Northern Rockies in Montana , Idaho , and Wyoming . Its goal that is long-term is guarantee everybody’s sufficient use of company money aside from earnings, assets, training, location, competition, or sex. MoFi’s little and microbusiness borrowers are 54% women-owned organizations, 41% low-income owned or managed organizations, and 57% are startup companies. Geographically, 61% of the borrowers come in rural areas.
Chance Fund ( $5 million loan, $125,000 grant)
Situated in Ca , chance Fund provides microloans for some for the littlest and a lot of under-resourced companies in the united states. The CDFI acts small enterprises in Ca and 44 states that are additional. Fortsätt läsa ”OFN Awards Very Very First Round Of Grow With Bing Small Business Fund Loans And Bing Grants To Simply Help Smaller Businesses Recover Nationwide”