Financing Opportunities

There are many financing opportunities available for people who are looking to fund their business and today I looked at two organizations that offer financing for people who are starting a business but lack the funds to get it started. The first organization is called Opportunity Finance who finds and finance opportunities that are overlooked by most organizations that fund businesses. Opportunity Finance is a network of investors who are focused on creating opportunity for all and consists of CDFIs (Community Development Financial Institutions), banks, faith-based institutions, foundations, corporations, government agencies dedicated to helping low-income and disadvantage people to connect with the economic mainstream.

Weather funding energy efficiency of housing, businesses, and community facilities, community health services, Healthy Food Financing, or small business Financing, Community Development Financial Institutions provides workshops and training to community based lenders to help their communities succeed.

TheCorporation for Enterprise Development (CFED) is the second organization that offers to help low-income households achieve the American Dream and understand what it takes to succeed. CFED creates economic opportunity that alleviates poverty, that every family can have a prosperous future. CFED is focused on building pathways to financial security and in order to generate economic empowerment CFED focuses on businesses with five or fewer employees that face economic hardships that can be important partners in economic recovery and a major source of job creation. In order to obtain financing CFED provides a listing of funders that self-employed people can contact to apply for financing.

These two organizations are community based and do not provide capital to indivual business owners, but the will provide you with an organization in our area where funding is available for people who have an interest to building economic growth within their community by providing services to their communities. I see that there are advantages for community-based organizations for funding, but for entertainment companies it would be a disadvantage unless it has to do with being a not for profit organization.