CRF leads with impact and focuses on providing capital not readily accessible to small businesses and communities that support small business growth.
CRF’s primary goal is to ensure small businesses have access to capital whether its through CRF lending efforts or connecting small business through our technology platform to local CDFIs who provide the capital.
CRF is a national CDFI. Our consistent place-based work will only be in Minnesota, and we will engage with local communities as invited in by local stakeholders.
CRF helps CDFIs access fixed-rate, long-term capital to support community development as a qualified issuer of the Bond Guarantee Program.
CRF provides loans directly to small businesses when invited to do so by: national stakeholders who are looking for a one-stop shop for their programmatic goals, local CDFIs seeking additional capacity, smaller cities and rural communities that don’t have locally-rooted CDFIs, and referral partners looking to secure capital in partnership with businesses they represent.
CRF leverages its balance sheet in innovative ways to drive new product development beyond SBA and pilot products for CDFIs more broadly.
CRF develops and advocates on behalf of public policies that provide equitable access to federal and state resources to revitalize underserved communities. Public funds have the power to stimulate private investment and collaboration with key stakeholders that increase the financial resources available to marginalized communities and deliver greater impact.