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Southern Financial Partners
Arkadelphia ARCDFI Awards for Southern Financial Partners
FA (2006) - $585,000
Southern Financial Partners (SFP), established in 1988, is a nonprofit affiliate of Southern Bancorp, a $500 million multi-bank holding company. Both organizations are certified CDFIs. SFP provides loans to individuals, small businesses, and community facilities in rural Arkansas and the Mississippi Delta. Specifically, the Financial Assistance Award of $501,000 will be used to capitalize a loan pool for the new mortgage product and an $84,000 Technical Assistance Award will be used to cover staff salary to develop related loan policies and procedures, to train staff in mortgage underwriting, to develop the MIS to implement the new loan product, and to hire a consultant to assist the Awardee with the development and placement of the new mortgage product.
Other Community Development Financial Institutions in Arkansas
alt.Consulting
Pine Bluff
College Station Community Federal Credit Union
College Station
Community Resource Group, Inc.
Fayetteville
First National Bank of Phillips County
West Helena
South Arkansas Community Development
Arkadelphia
Southern Development Bancorporation
Arkadelphia
Southern Financial Partners
Arkadelphia
Featured Government Grant Resources
Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
