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Apply to join CDFA's EC-Tech (Equitable Capital Technology) Initiative
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Fill out the application below to be considered for the
CDFA EC-Tech Initiative
. This opportunity offers a comprehensive solution pairing technology with technical assistance for development finance agencies (DFAs) working to implement stronger lending programs for minority business owners. In order to qualify, applicants must fit the following criteria:
Direct lender
Committed to increasing access to capital for minority businesses
If you have any questions, please contact . For a demonstration of the online lending platform, Presta,
click here
.
* Indicates required question
* 1. Please share the following information about your organization:
*
Company
*
Address
Address 2
*
City
*
State
Alabama
Alaska
American Samoa
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Guam
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Northern Mariana Islands
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
U.S. Virgin Islands
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
*
Zip Code
* 2. Please indicate your organization's ability to commit to the following:
Yes
No
Maybe, but not sure
Make changes to current lending practices in order to reach and serve more minority-owned businesses.
Yes
No
Maybe, but not sure
Adopt Presta as the sole processing software for all small business and commercial lending.
Yes
No
Maybe, but not sure
Commit 1-4 hours of staff time per month (on average) for implementation of Presta.
Yes
No
Maybe, but not sure
Commit ~20 hours of staff time during a two-year period for technical assistance engagement with CDFA.
Yes
No
Maybe, but not sure
Agree to data-sharing with Presta for program assessment.
Yes
No
Maybe, but not sure
Agree to be featured as a case study for program documentation.
Yes
No
Maybe, but not sure
* 3. How many loan programs does your organization manage?
* 4. What geography do you serve through these loan programs?
* 5. What is the average loan size across your portfolio(s)?
* 6. What was the total loan volume last year? (fiscal or calendar year)
* 7. How many applications were received last year? (fiscal or calendar year)
* 8. How many of these applications were accepted last year? (fiscal or calendar year)
* 9. What is the average number of weeks between borrower qualification and final loan approval?
* 10. Does your organization currently use any technology to manage your loan processes? If yes, please include the name of the platform(s) and what you use each for.
11. Please upload a PDF of your current loan application.
12. If your application is online, please share the link to access.
13. Please describe any efforts your organization is making to increase lending to minority-owned businesses.
* 14. What is your contact information?
*
Full Name
*
Primary Contact Email
* Phone Number
Prove you are human
Please remove all letters from "3A2ECAE74FA3BCA96393CD1D53FDCB44" and copy it into the following field, without the quotes:
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