Congratulations to Community Reinvestment Fund, USA’s (CRF) Gary Holmquist for being named 2019’s Coleman Mission-Based SBA Lender of the Year! Gary works as CRF’s Regional Director of Business Development for the Western United States. He partners with Community Development Financial Institutions (CDFIs), mission-driven lenders, and local community banks to help connect entrepreneurs to responsible financing. Read the […]
Third-Party Loan Servicing: Why You Shouldn’t “Go It Alone”
Lenders with complex and varied community loan portfolios – which can include housing, commercial, community development block grant funds (CDBG), developer loan programs, HOME investment partnership funds and more – frequently reach a crossroads with loan servicing: Does continued investment in an in-house servicing solution make sense as loan operations grow? For some municipalities with […]
CRF Presenting at EDAM Conference Jan. 22-24, 2020
Facing a Dead End? Creative Financing Solutions for Business Brokers
How Small Business Bankers Can Help Finance Clients
As a small business banker, you know that it can be difficult for small businesses to get their loans approved. Lending requirements tend to be more difficult for small businesses to meet – especially for those working in communities who may need the funding the most. Your underwriting department might not be able to approve […]
Anisha Murphy, Esq. Joins Community Reinvestment Fund, USA as Director of Community Advancement
New role seeks to expand community impact in the Twin Cities by taking a comprehensive approach to small business financing Minneapolis – Dec. 16, 2019 – Community Reinvestment Fund, USA (CRF) – a mission-driven non-profit lender dedicated to improving communities and transforming lives – has named Twin Cities attorney and professor Anisha Murphy, Esq. as its Director of Community […]
The Basics of SBA 7(a) Loans
They say you have to spend money to make money – but what if you don’t have the money to spend in the first place? It’s no secret that starting, growing, or acquiring a new business is expensive, and it’s important to make smart choices about where you source your funding and how you use […]
Krysta Pate Appointed to the Michigan State Land Bank Authority Board
Governor Gretchen Whitmer has appointed Community Reinvestment Fund, USA’s (CRF) Krysta Pate to serve on the Michigan State Land Bank Authority Board of Directors. The State Land Bank Authority works to create a positive economic impact on Michigan communities. Congratulations to Krysta and the other appointees! Detroit: A Place to Call Home Krysta is the […]
Jennifer Ericson named a Finance and Commerce Top Women in Finance 2019 Honoree
Congratulations to Community Reinvestment Fund, USA’s (CRF) Jennifer Ericson for being named a Finance and Commerce 2019 Top Women in Finance Honoree! The program recognizes women who are making an impact professionally and in their Minnesota Communities. Congratulations to all the honorees and Circle of Excellence Award winners! A Career Dedicated to Financial Equity Jennifer works as […]