I am a huge proponent of people starting their own business—it is the American Dream to be successful at your own business!! Thank goodness that our government is focused on making it easier for small businesses to acquire loans. Community development financial institutions or CDFIs are certified nonprofit banks, credit unions, funds and venture capitalists which have been set up by the government to offer loans in low income and under-served urban and rural areas.
A Klipinger.com article explains how CDIFs can be more flexible. Read on!