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Lending

CDFI_NALCABCLICK HERE to view NALCAB’s “Guide to Latino-serving CDFIs and Social Impact Lenders.”

CLICK HERE for a list of CDFI and Non-CDFI lenders in the NALCAB Network.

As a certified Community Development Financial Institution (CDFI) by the US Treasury, NALCAB lends to nonprofit organizations that promote economic mobility in Latino communities by building affordable housing, investing in small businesses and strengthening family financial capability. Geographic areas served are primarily economically distressed, predominantly Latino, low- and moderate- income communities that lack adequate access to financial products. NALCAB’s investments of financial products are made through borrowers or investees that serve the target market, and primarily benefit Hispanic/Latino people.

NALCAB engages in intermediary lending to small business lenders (including CDFIs and aspiring CDFIs) with the goal of supporting the growth of their lending to Latino business owners. NALCAB also provides secured and unsecured loans to affordable housing developers, including acquisition, pre-development, construction and bridge financing.

As a CDFI, NALCAB is better able to leverage its strong existing brand and track record to raise capital from a wide range of philanthropic, corporate and governmental sources to then invest consistent with the mission, goals and activities described above. In order to meet the capital needs in the communities it serves, NALCAB has developed its capacity to engage in lending and equity investment activity by forming and managing a controlled social investment fund.

 

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Contact Us

For more information on NALCAB’s CDFI activity, please contact us using the form to the left or email Director of Lending and Asset Management Larry Garcia at lgarcia@nalcab.org