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Seedco Financial

August 18th, 2009 Posted in 123 triad

Seedco Financial is a national nonprofit organization that provides affordable financing and comprehensive technical assistance to nonprofit and for-profit organizations situated in economically-distressed and traditionally underserved communities. Seedco Financial’s lending activities are designed to strengthen the capacity of faith-based and community organizations, community development corporations, small businesses, and large-scale development projects. Seedco Financial works closely with community-based partners to develop and operate financing programs that address specific capital gaps within local markets, and seeks to obtain funding commitments from local financial institutions to serve local needs.

Seedco Financial is a subsidiary of Seedco, a national intermediary that creates opportunities for low-wage workers and their families. Seedco engages with community partners and anchor institutions to develop, operate, and learn from model programs of national significance that: 1) help people join the workforce and achieve economic self-sufficiency, 2) assist small businesses, and 3) promote asset building for residents and businesses in economically distressed communities. Seedco Financial provides financing to enable businesses, nonprofits or developers to proceed with their business or real estate projects. It also offers an affordable source of working capital for organizations seeking to expand, re-locate, or restructure.

For more information, please visit http://www.seedcofinancial.org

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