Small Biz Studio: Corner Square Community Capital

20 Wrights Alley,Wilmington NC 28401

14 April, 2021

Description

Small Biz Studio Presentation with Corner Square Community Capital. With an initial investment of $40 million from Truist, CornerSquare Community Capital will purchase a participation in loans originated by CDFIs, organizations which have been undercapitalized for decades and lend primarily to women- and minority-owned businesses, low-to-moderate income individuals, and individuals in low-to-moderate income census tracts. CornerSquare will focus on CDFIs located in Truist’s region of operations—meaning that not only will CornerSquare invest in CDFIs in North Carolina, but in 17 states and the District of Columbia. To Find Out More About Corner Square Community Capital: https://myemail.constantcontact.com/Just-Announced--Truist-and-NC-Rural-Center-Launch-New-Initiative-to-Support-CDFIs-in-17-states.html?soid=1123209279484&aid=abgxzGYoMBQ