ABASD and Mission Driven Finance are excited to launch the AdvanceAPI Fund and provide flexible capital for San Diego small businesses and nonprofits with an API heartbeat.
loans
Closing education gaps with creative capital
Our flexible, personalized financing approach allowed us to provide Friends of Willow Tree a $100,000 bridge loan that they used for expenses at the start of the school year, keeping the program affordable and accessible for their majority low-income students.
How can we make investing in our community a great investment? Flip the traditional finance model on its head.
The idea for Advance came from speaking with people who wanted to invest in their communities and the issues that they cared about but didn’t know how.
Developing community with creative capital
When we first met Kris Schlesser, founder of LuckyBolt, he was six years into a quest to make the perfect breakfast burrito easily accessible to professionals on the go, and had been financing the business with high-interest credit cards and microloans.
Thoughts from the road: Small business drives strong communities across the country
David and Lauren spent National Small Business Week on the road in New York; Columbus, Ohio; and Baton Rouge, Louisiana. They spoke with stakeholders from different walks of life who all recognize the transformative power of small business from varied angles.
NPR: Breaking the cycle of disinvestment In lower-income communities
Our conversation with NPR about discrepancies in access to capital for lower-income communities and how we can level the playing field.
Mission Driven Finance announces first $1M in impact investments
San Diego startup led by proven industry leaders is making strides to $10M goal SAN DIEGO, CA—January 31, 2018—Mission Driven Finance today announced that Lucky Bolt, a local food kitchen and healthy meal delivery company, All Across Africa, a fair trade home goods...
Borrower Spotlight: LuckyBolt
The $250,000 loan from Mission Driven Finance enables LuckyBolt to expand from a shared commissary kitchen to their own commercial kitchen and storefront.
Borrower Spotlight: All Across Africa
All Across Africa’s unique supply chain model includes training and employing over 3,000 artisans in five countries in Africa, primarily women.
4 reasons to use impact-based financing to fuel your social venture
See why you should explore impact-based financing for your nonprofit, social enterprise, or purposeful small business instead of donations or grants.
Mission Driven Finance guide to looking smart at parties
A helpful roundup of the most important words to know in impact investing. There’s plenty of jargon for both impact and investing. We make it clear.
Debt vs. Equity Financing
When looking for capital for your business, consider the ins and outs of debt versus equity financing before deciding which way to go.