In this article, Neal St. Anthony of Star Tribune interviews CRF customer Quinn Violin and Jennifer Ericson, Senior Loan Officer at CRF, about the challenges of financing for small business.
St. Anthony writes, “Quinn also had to get over a financial wall. For years, he had tapped up to $120,000 in 18 to 25 percent interest debt from Can Capital and other online lenders to help manage cash flow. A friend, also a musician, who works for WomenVenture, the nonprofit business counselor, referred Quinn to the Community Reinvestment Fund (CRF), a nonbank U.S. Small Business Administration (SBA) lender that focuses on rebuilding neighborhoods through small business.”
