Video: Momentus Capital’s Senate Testimony Champions Community Advantage for Small Business Support

 

Momentus Capital’s Chief of External Affairs, Robert Villarreal, recently testified in front of the Senate Committee on Small Business and Entrepreneurship about improving access to capital in disinvested communities through the Small Business Administration (SBA) Community Advantage (CA) loan program.

The Community Advantage pilot program was launched in 2011 to expand the points of access that small business owners had for getting loans from mission-driven financial institutions. These lenders intentionally support underestimated community members, businesses, and organizations – with an emphasis on assisting people of color, women-owned businesses, and startups.

Read the rest of the blog and watch the testimony on the CDC Small Business Finance website.

Footer icons

SUBSCRIBE TO OUR NEWSLETTER
Certified CDFI Fund Badge
Aeris Rated Badge
S&P Global Ratings Badge
Fitch Ratings Badge
2023 ImpactAssets 50 Badge
GuideStar Platinum Badge
2023 Nonprofit Times Best Nonprofits to Work For Badge

© Copyright 1982 - 2022. All Rights Reserved.