Community Development Finance Association (CDFA)
What is it?
The CDFA represents the Community Development Finance Institutions (CDFI) who provide loans and support to people who find it difficult to access finance from the commercial banks.
The CDFI’s lend money to businesses, social enterprises and individuals. They help deprived communities by offering loans and support at an affordable rate to people who cannot access credit elsewhere.
Most CDFI’s are based within the UK’s most disadvantaged communities, providing loans and support to Microenterprises (businesses with less than 10 employees), Small businesses (with 10‐49 employees), Medium businesses (with 50‐249 employees), Social Enterprises, community organisations or charities.
What are the benefits?
- Provides an alternative source of funding for businesses.
- Aimed specifically at small and medium businesses and Social enterprises.
Where can I find out more?
Download the factsheet in PDF format - here.