We’ve been busy! In December, EBA Fund purchased 1,000 small business loans and sold almost 900, supporting the CRA goals of our bank partners and directing much needed capital to CDFIs in communities across the country. #smallbiz#CRA#EBAFund
“In many ways, @EBAFund has been my inspiration over this past year… It feels like we’re building something that’s a solution to what we’re seeing happening.” -Joyce Klein (@Aspen_BOI) speaking with @fintechplus about #EBAFund. youtu.be/BV93y99KGDY
Welcome our newest CDFI partner: @ledcmetro. LEDC equips Latinos and other underserved communities with the skills and financial tools to create a better future. Learn more here: ledcmetro.org/about#CDFI#partner#smallbiz
Thanks to our bank partners, EBA Fund provided over $670,000 in donations to 4 CDFI partners in September: @DreamSpringUS, @AOFundTweets, @Allies4CB, and @MainStLaunch! #bankpartner#CDFI#EBAFund
Last month, EBA Fund donated over $599,000 to @AOFundTweets to help support their work providing small business owners in the US with access to capital, networks, and coaching. Learn more about Accion Opportunity Fund here: aofund.org/#CDFI#partner#smallbiz
We’ve been busy! EBA Fund completed our largest transaction to date, selling over $4M in loans to a bank partner and providing those funds to support CDFIs and entrepreneurs in their community. #bankpartner#smallbiz#CDFI
Join us in welcoming Cassandra Archbold to the EBA Fund team! Cassandra Archbold is the Director of Capital Markets. She has more than two decades of experience in the lending industry, focusing on community development across sectors and tax statuses. #EBAFund#team
Join us in welcoming our newest CDFI Partner, @cedsfinance! CEDS Finance supports the American Dream of financial self-sufficiency by assisting immigrants, refugees, and those from underserved communities to start, grow, or strengthen their small businesses in Metro Denver.
Microlending is a vital resource for underserved entrepreneurs, but community-based financial institutions often struggle to meet this demand. @EBAFund helps overcome this hurdle by creating a secondary market for microloans and freeing up capacity. aspeninstitute.org/news/pres…