If your business is too big for microfinance and SBA loan but too small for traditional banks, our impact-based loans can fill the gap.
Posts tagged as portfolio
Three years ago, a $12M project was designed to transform the lives of the youth in Southeast San Diego with Access Youth Academy.
We sat down with our Chief Legal Officer Joe Pileri to learn about fund basics and what a fund is in the context of impact investing and Mission Driven Finance.
Our team is celebrating a huge milestone: We’ve flowed over $50 million in assets into the community as of July 31, 2022!
Hilltop Crossing, a new development in San Diego, not only creates middle-income housing but also engages diverse subcontractors and includes energy-efficient features.
The successful exit of the pre-development loan means construction has started! The first phase is scheduled to be completed in 2022.
Through their portfolios, WES Mariam Assefa Fund, Impact America Fund, and Mission Driven Finance demonstrate how funders and investors can provide mission-driven organizations with flexible funding to innovate and scale up solutions that build more inclusive economies where everyone can contribute and thrive.
This conversation took place between Elias Crim of Ownership Matters—a biweekly newsletter for the founders and funders of the emerging solidarity economy—and Mission Driven Finance’s co-founder and CEO, David Lynn, and Lauren Grattan, co-founder and Chief Community Officer.
Fifty by Fifty Employee Ownership News: Employee Ownership Catalyst Fund Preserves Local Businesses and Jobs
Project Equity and Mission Driven Finance announced on Labor Day the launch of the Employee Ownership Catalyst Fund, an evergreen debt fund that will offer flexible financing to businesses preparing for—or executing—an employee ownership transition. The fund targets businesses across the U.S. with 25 to 100-plus employees, particularly those employing frontline, low-wage workers and workers of color.
September 2, 2021 [Oakland, CA] —This Labor Day, small businesses have a new resource that could help them rebuild from the pandemic and secure their legacies while providing long-term careers for their employees. Project Equity, a national leader in the movement to...
How can investors and local business and nonprofit leaders address housing — and in particular attainable homeownership — through public-private partnerships? Our Chief Investment Officer Louie Nguyen looks at various approaches.
Tynesia Boyea-Robinson of CapEQ writes about Mission Driven Finance and portfolio company Carter Transportation Group in ImpactAlpha as part of its Impact Voices.
With a new collaborative investment, the area near Normal Heights and City Heights is one step closer to having more affordable housing. A hundred and ninety affordable housing units are planned for the nearly 20,000-square-foot piece of land next to the City Heights Transit Plaza, at the corner of El Cajon Boulevard and 40th Street.
Through a combination of impact-first finance, a coalition of dedicated philanthropic and impact investors, and an incredible organization advocating for immigrant dignity, 100 people are now free from immigrant prison.
There’s a lot of talk about what doesn’t work for Black businesses to help them grow and scale, but what about what is working? A new report from Path to 15|55 and San Francisco Foundation highlights three bright spots: Flexible underwriting; supportive partnership and blended capital.
We are proud to announce that the first cohort of the Community Finance Fellowship—Louise Jordan, Benson Ochira, Andrew Moncada, Essence Rodriguez, and Crystal Sevilla—is graduating.
San Diego-based impact investment fund manager Mission Driven Finance has deployed $1.5M in loans to San Diego County nonprofits that have been impacted by COVID-19, thanks to $5M in seed funding from The San Diego Foundation as part of the San Diego County COVID-19 Small Business & Nonprofit Loan Program.
We’re honored to share that David—along with early care and education expert Laura Kohn and community finance fellow Essence Rodriguez—has joined the 2020 cohort of the Promising Ventures Fellowship to explore using real estate and finance to improve access to quality early child care.