Up to $2M Available: Inclusiv/Capital Announces
New Funding Round for Secondary Capital
Applications will be reviewed on a rolling basis through June 21, 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. To learn more about leveraging secondary capital and Inclusiv/Capital’s offerings, click here to watch a recording of our May 13, 2019 webinar.
Inclusiv/Capital Secondary Capital investees outperform the mainstream industry in terms of growth.
Figure 1, NCUA 5300 Call Report Data.
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 June 21, 2019 deadline.
Join us for a webinar on Monday, May 13th to learn how your credit union an use a secondary capital loan of up to $2 million to launch high-impact community development products in your community.
If you have questions, please contact us at email@example.com or call Cathi Kim at 800-437-8711 or 212-809-1850, ext. 271.