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West Virginia Community Development Loan Fund, Inc., The
Barboursville WVCDFI Awards for West Virginia Community Development Loan Fund, Inc., The
NMTC (2002) - $4,000,000
The organization will utilize its NMTC allocation to originate variable and fixed rate loans, which are flexible and non-traditional in form, to assist start-up and existing small businesses. The organization believes the NMTC Program will allow it to tailor the terms of its loans to individual case needs, enabling it to provide loans to applicants who do not have adequate collateral or capital in a market that is capital starved.
Other Community Development Financial Institutions in West Virginia
Natural Capital Investment Fund, Inc.
Shepherdstown
The Hopewell Fund, Inc.
Wheeling
Featured Government Grant Resources
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
