The SBCF seeks to provide capital to impactful, underserved small businesses across the U.S. whose capital needs are often greater than a typical financial institution is able to provide based on the risk profile of the Borrower.
Through its subsidized cost of capital, the SBCF provides flexible and below-market rate subordinate capital, and in certain instances, below-market senior capital to its Borrowers.
All Borrowers must be headquartered and have significant operations in a low-income census tract, which is defined as having income of 80% or less of area media income ("AMI") or a poverty rate greater than 20%.
Please check your eligibility via the NMTC Mapping Tool. If you have any questions, please do not hesitate to Contact Us.
Capable of generating positive EBITDA at the time of investment.
Be able to create and/or retain jobs through SBCF financing.
Industry agnostic with the exception of businesses involved in mining, fossil fuel extraction, gambling, alcohol, tobacco or marijuana, and farming.
Sponsored and non-sponsored transactions
(1) Minority or women ownership
(2) Beneficial environmental impact
(3) Living-wage jobs
(4) Meaningful employee benefits (Health Insurance, 401(k), Employee Ownership, etc.)
(5) Employee training programs (especially for advancement from unskilled to skilled positions)
(6) Local community hiring preferences
(7) Other measurable and positive social and/or environmental impact