What is Capital For Change?
Capital For Change, Inc. (C4C) is a prominent nonprofit Community Development Financial Institution (CDFI) operating in Connecticut. Formed from the merger of three established CDFIs, C4C leverages over fifty years of combined local expertise to offer comprehensive lending and program options. As the largest full-service CDFI in the state, it serves individuals, nonprofits, businesses, and public institutions, providing crucial financial services including small business lending, mixed-use and construction financing, permanent housing loans, and energy efficiency financing, alongside loan servicing capabilities.
How much funding has Capital For Change raised?
Capital For Change has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Capital For Change?
The substantial capital infusion, indicated by the $350K total funding and the context of 'large-scale late-stage funding' and 'major strategic investment' for the recent round, positions Capital For Change for significant expansion and enhanced service delivery. This strategic financing is expected to bolster its capacity to address underserved markets and further its mission of fostering economic growth and stability within Connecticut.
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