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. As the largest full-service CDFI in the state, it provides a comprehensive suite of lending and program options, including small business financing, mixed-use property loans, housing development capital, energy efficiency funding, and loan servicing for individuals, nonprofits, businesses, and public institutions.
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
Key Investors in Capital For Change
PPP
Public-Private Partnership
What's next for Capital For Change?
The substantial backing, indicated by the $350K and the recent strategic investment, positions Capital For Change for significant expansion and enhanced service delivery. This capital infusion is likely to fuel further growth in its lending programs, enabling C4C to broaden its reach and impact within underserved communities. The organization's focus on diverse financial solutions suggests a strategic approach to addressing critical community needs, from small business support to affordable housing development.
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