CDFI loans are best suited for small business owners and entrepreneurs who:
- Operate in low-income or economically disadvantaged communities
- Have difficulty securing traditional financing due to factors such as poor credit history, lack of collateral, or insufficient cash flow
- Seek more flexible loan terms and lower interest rates than those offered by traditional banks
Some examples of businesses that might benefit from a CDFI loan include minority-owned businesses, women-owned businesses, startups, and companies operating in economically distressed areas.