Posts Tagged ‘small businesses’
Economic first responders: CDFIs, the unsung heroes of Appalachian financial services
CDFIs serve as ‘economic first responders’ in Appalachia. A drastic reduction in one of their funding sources could significantly alter or slow down their work providing capital to small business owners, mentorship to entrepreneurs, protections from predatory lending and flexible, fast capital in times of natural disaster.
Read MoreHelene’s lingering toll on Appalachian businesses
Once Hurricane Helene’s flood waters receded and the rebuilding process began, many small business owners were left unsure about their next steps.
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