Harnessing the Power of Innovation
Pioneering New Solutions to Complex Challenges
Technology has both helped and hurt the community development finance industry as many small business owners seek online options for obtaining business loans. Unfortunately, some of these options are high-interest loans that can be unsustainable for fledgling businesses. CRF is using technology-driven solutions to address this need for accessible, affordable business financing, creating an entirely new marketplace for responsible small business loans.
With its technology solutions, CRF is leading the industry down a path toward greater transparency and choice for small business owners, while giving lenders more tools to enhance their lending activities. For us, it’s not technology for its own sake: it’s expanding the opportunity for both small business owners and lenders to make a difference in their communities.
Developing tools for the community development finance industry
The Connect2Capital marketplace was developed to fight predatory lending by helping small businesses connect to non-profit community lenders that offer transparent and responsible financing options.