Money Monday Session – Meet the Lender with Wacif
Date: April 11, 2022
Start Time: 2:00 pm EDT
End Time: 3:00 pm EDT
The Department of Small & Local Business Development (DSLBD)‘s Innovation & Equitable Development (Inno.ED) team is excited to host Wacif for this 1-hour webinar, part of the District Capitalized Money Monday series.
Access to Capital – the Wacif Way
Access to capital (or lack thereof) is one of the most common reasons a small business succeeds or fails.
When seeking out capital, entrepreneurs of color are more likely to experience setbacks than their white counterparts, including (but not limited to) receiving less financial support than requested, higher interest rates, or being denied loans from banking institutions. Small business owners of color are also less likely to ask and receive capital from family and friends during the start-up phase. If this has been your experience, you are not alone.
Having a trusted financial advisor who meets you where you are can be the difference between growing your business and closing your doors. In this virtual workshop, we will explore the loan and line of credit options available from Wacif. With flexible underwriting practices and credit score standards not found at traditional banks, you can find a partner and flexible lender in Wacif.
Join us Monday April 11 at 2pm to discover how you can begin the Wacif loan application process today, and learn the criteria needed to be a successful lending client. All are welcome to attend
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District’s commercial corridors.
Wacif (Washington Community Investment Fund) is a nonprofit community lender (CDFI) whose mission is to increase equity and economic opportunity in underserved communities in the Washington, D.C. area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs.