CRF is excited to announce that CRF Exchange recently surpassed $2 billion in loans enrolled. CRF Exchange is our cloud-based platform that streamlines how lenders enroll and sell loans into credit, lending, and capital programs. This milestone is a testament to the partners using the platform to streamline loan enrollment, reporting, and portfolio management across several programs. 

California Infrastructure and Economic Development Bank (IBank) is a prime example of how CRF Exchange can transform the administration of a large-scale lending program. IBank operates a loan guarantee program that helps small businesses facing capital access barriers. The program works through the state’s Financial Development Corporations, which coordinate a network of more than 100 community-based lenders across California. IBank’s loan guarantees can cover up to 80% of an eligible outstanding loan amount, and up to 95% for disaster relief loans, reducing lender risk and enabling more entrepreneurs to access capital. 

Today, IBank uses CRF Exchange for both its SSBCI and state loan guarantee programs. The platform supports a two-stage approval process to pre-approve and finalize loan guarantees, runs automated data validation to ensure accuracy and completeness, and provides real-time portfolio visibility for both FDCs and IBank. 

As CRF Exchange continues to grow, partnerships like IBank’s demonstrate the platform’s potential to modernize how mission-driven lending programs operate at scale. By reducing administrative burden and improving data integrity across complex networks of lenders, CRF Exchange enables program administrators to focus on expanding access to capital for under-resourced small businesses and the communities they serve.  

This CRF Exchange milestone follows another exciting accomplishment from one of our other technology solutions. In January 2026, CRF Connect, which matches small businesses to mission-aligned partners, announced that 10,000 loans had been funded through the platform.