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LiftFund: Providing Credit and Services to Small Businesses and Entrepreneurs

LiftFund is a nonprofit small business lender based in San Antonio, offering business loans and education to entrepreneurs who lack access to traditional financing. We provide flexible terms, lower rates, online education, and connect clients to additional resources. Contact us today!

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LiftFund: Providing Credit and Services to Small Businesses and Entrepreneurs

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  1. Arlene Siller-Jackson PhD VP of Grants Administration www.LiftFund.com 888-215-2373

  2. Agenda • Mission • Who We Are • What We Do • What We Offer • CRA • Our Value • Our Clients

  3. LiftFund MISSION The mission of LiftFund is to provide credit and services to small businesses and entrepreneurs who do not have access to loans from commercial sources and to provide leadership and innovation to the microlending industry.

  4. WHO WE ARE LiftFund is a nonprofit, multi-state small business lender based in San Antonio that helps new and existing entrepreneurs successfully grow their businesses

  5. WHAT WE DO Lending & Business Education Since 1994: Number of Borrowers: over 18,000 Total Dollars in Loans: $227 Million Last Year: Over 1,500 entrepreneurs totaling $26 Million Over 2,000 individuals served with business and financial education

  6. WHAT WE OFFER • $500 to $500,000 for business loans • Terms: 6 to 120 month terms • 7.25% to 18% fixed rates* • No pre-payment penalty • Report on the positive to credit bureaus • Online business education • Financial & business management consultations

  7. COMMUNITY REINVESTMENT ACT • Since LiftFund is a CDFI, banks can receive CRA credit for the following: • Loan referrals • Investments • Grants • Financial literacy programs

  8. OUR VALUE • We fund STARTUPS • LOWER RATES than credit cards and payday lenders • We work with LOWER CREDIT SCORES • We are FLEXIBLE on collateral requirements • We connect clients to OTHER SMALL BUSINESS RESOURCES available in the community • We haveONLINEBusiness Resources

  9. OUR CLIENTS Our clients reflect the diverse communities we serve

  10. CONTACT US http://www.liftfund.com/ 888.215.2373 Arlene Siller-Jackson 210-531-5522 ajackson@liftfund.com

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