Up to $2M Available: New Secondary Capital Funding Round

Up to $2M Available: Inclusiv/Capital Announces
New Funding Round for Secondary Capital

Applications will be reviewed on a rolling basis through February 9, 2019

Inclusiv/Capital is excited to expand its offerings to include 10 year secondary capital loans. Secondary capital is a catalytic resource in scaling the double bottom line -- both the financial growth and community impact of credit unions. Inclusiv has launched the Spring funding round of Inclusiv/Capital Secondary Capital to expand innovative credit union services to new and emerging markets. Secondary Capital loans of up to $2 million are available to launch high-impact community development products.

Inclusiv/Capital Secondary Capital investees outperform the mainstream industry in terms of growth.

Figure 1, NCUA 5300 Call Report Data.

About Inclusiv/Capital

Inclusiv/Capital provides capital resources to its member CDCUs seeking funds to increase liquidity, boost net worth, mitigate risk and introduce innovative products. Inclusiv/Capital (formerly the CDI Program) has invested more than $150 million in CDCUs since its inception in 1982.

Three Benefits of Secondary Capital

  • Catalyze your growth and expansion plans
  • Strengthen and expand financial and development services to low-income and underserved communities
  • Safely innovate and scale products and services to expand your community impact

How to Apply

All applications are on the Inclusiv's website, www.inclusiv.org/capital. All low-income designated credit unions may apply, but only Inclusiv members in good standing may receive funding. Applicants are strongly encouraged to submit their completed applications electronically well in advance of the February 9, 2019 deadline.

If you have questions, please contact us at capital@inclusiv.org or call Cathi Kim at 800-437-8711 or 212-809-1850, ext. 271.

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