Podcasts about cdfis

Play Episode Listen Later Aug 1, 2026 28:29 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern.

Business: She's offering loans, guidance, and long-term support to entrepreneurs navigating economic challenges.

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Play Episode Listen Later Jul 27, 2026 28:29 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern.

I don't want to let myself think that the philanthropic world has cooled on CDFIs but it is hard not to feel that way

Power Station

Play Episode Listen Later Jul 27, 2026 44:44

It is exceedingly rare, in this political season, to find members of Congress on both sides of the aisle who agree on the value of a government policy to their constituents and the economic infrastructure in the red and blue states they represent. Community Development Financial Institutions, created through the Reigel Act of 1994 have earned that distinction because they deploy capital and technical guidance in low-income and rural communities that banks fail to serve. These 1,300 (mostly) nonprofit CDFIs are financial springboards for people and organizations who want to launch a community-oriented food business, preserve rental affordability through land trusts and facilitate worker owned enterprises. At a time in which Americans are deeply divided and economically stressed I wanted to know how CDFIs are faring and meeting the moment. For this episode of Power Station, I turned to trusted community development advisor John Holdsclaw, President and CEO of Rochdale Capital, for answers. In this episode of Power Station, we discuss the disconnect between what smaller funds need to serve community needs and what philanthropy is willing to provide. They need equity to sustain themselves and to make grants as modest as $5,000, which the data shows can be transformational. The stories are the data. We all need to listen.

The Case for Staying Close with BlueHub Capital's Elyse Cherry

Mission Forward

Play Episode Listen Later Jul 9, 2026 41:53

In Brockton, Massachusetts, a Cape Verdean grocery store sits next door to a community health center. They're side by side on purpose. When BlueHub Capital looked at the neighborhood, it saw residents wrestling with food and health and decided those weren't two problems but one, so it financed the store and the clinic together and put them within a few steps of each other. A small decision. It also explains how an organization stays alive for forty years.Elyse Cherry co-founded BlueHub in 1985 with $3,500 and a single idea: build healthy communities where people of limited income live and work. The idea has never changed. Almost everything else has. Over four decades the organization has run a loan fund, a venture fund, a utility-cost company, a foreclosure-relief program, and a one-percent loan to cover the cost of citizenship. Cherry separates the why from the how. The why is fixed. The how gets reinvented whenever the work demands it.Which raises the obvious question: how do you know when to change the how? Cherry's answer isn't vision or instinct. It's location. BlueHub keeps its offices inside the neighborhoods it serves, because the people who live there understand what they need before anyone downtown does. They may not know how to build a capital structure. They know which corner needs a grocery store. Sit close enough and the next move tends to announce itself.The longest test of the idea is Roxbury, where BlueHub has been headquartered for twenty-five years. A new 40-year impact study counts $147 million in financing, another $910 million leveraged on top of it, and more than 3,200 homes, along with childcare, schools, and job training. Numbers like that come from the same nerve that, during the 1992 banking collapse, led a then-tiny BlueHub to buy its own distressed loans back from the federal government at ten cents on the dollar and rewrite them so families stayed housed. When you're making something that has never existed, Cherry figured, you have nothing to protect, so you may as well be bold.All of which brings up courage, a word Cherry uses carefully. Courage can be quiet, she says, but it can't be silent. Stop moving, and the people who don't share your values win without a fight. It's a modest creed for a hard season, and a workable one. The leaders who last are the ones who stay close — to the community they serve, and to the financial realities that let them keep serving it. (00:00) - Welcome to Mission Forward (07:29) - Proximity (13:14) - CDFIs (21:42) - The Roxburry 40-Year Impact Study (28:12) - "Courage can be quiet. It can't be silent."

change courage numbers massachusetts capital social impact social change proximity roxbury staying close cape verdean cdfis bluehub

Catalyzing Tokenization Infrastructure For Small Enterprises with Arushi Sood Joshi

The Get Down

Play Episode Listen Later Jun 30, 2026 30:30

In this episode of The Get Down: Beyond Bitcoin podcast, host Marisa Estrada Rivera (aka Ritzy P) sits down with Arushi Sood Joshi, founder and CEO of Zult, Inc.With over 25 years of experience leading digital asset strategies at giants like Wells Fargo, MasterCard, and Visa, Arushi shares her deep insights into why the financial system needs an operational upgrade. The conversation dives into the practical application of the "DeFi mullet" approach, how tokenization empowers micro-lending institutions, and the unique challenges diverse female founders face when navigating shifting regulatory environments.Interview with Arushi Sood Joshi, Founder & CEO of Zult, Inc.Crypto Origin Story: How witnessing the early integration of distributed ledger technology (DLT) in the Middle East inspired Arushi to leave corporate finance in 2017 to launch her first central bank digital currency (CBDC) startup, AdCash.The Problem with Private Markets: A look at how capital formation remains complex and restricted, shutting out small-to-medium issuers (like CDFIs) and everyday investors by design.The "DeFi Mullet" Tech Stack: Why Zult relies on a Web2 front-end and a Web3 back-end—leveraging blockchain for an immutable "golden record," AI for automated document processing, and APIs to connect with legacy plumbing rather than replace it.Demystifying Tokenization: Turning the rights to real-world assets (like real estate, loans, or art) into digital tokens on a blockchain to securely verify ownership and distribute yield.Zult Impact & Partnerships: Zult Impact, which recently secured a partnership to build a loan loss reserve that protects investors and opens liquidity for community lenders.Founder Wisdom & Thick Skin: Real talk on why founders must remain anchored to real-world problems and prepare themselves for the uphill battle of raising capital as a diverse female founder.Navigating Changing Policy: Adapting to a landscape with "multiple referees" changing the rules mid-game, and why Zult holds itself to traditional capital market standards to protect users.About Arushi Sood JoshiArushi Sood Joshi is a visionary fintech entrepreneur redefining how private markets embracedigital infrastructure. With over 25 years of experience building transformative financial products, she leads the charge in tokenizing real-world assets with privacy, compliance, and impact embedded at every layer. Arushi's leadership is centered on creating technology that not only innovates but also safeguards and scales financial systems for the future.As CEO & Founder of Zult, Inc., Arushi has set out to rethink how private credit markets work.She has built a blockchain-based platform that bakes in compliance, privacy, and scalability from day one. Under her guidance, Zult has created a full tokenization infrastructure for real-world asset-backed securities, weaving KYC/AML checks and regulatory reporting right into smart contracts.Previously, Arushi served as Head of Distributed Ledger Technology and Digital Asset Center ofExcellence at Wells Fargo, where she defined and delivered the bank's DLT and asset tokenization strategy, built a digital asset prototype platform, championed regulatory compliance for crypto-asset reporting, and earned the 2023 Galileo Award for inventor achievements. She is also a frequent keynote speaker and recognized industry expert in technology innovation.Earlier, Arushi founded AtCash Inc., where she advised central banks on DLT and digital currency strategy, launched cutting-edge platforms for digital identity, eKYC, remote notarization, and implemented smart contracts that reduced trade contract review times from two weeks to two minutes. Her career also spans leadership roles at Mastercard and Visa, with notable achievements including launching the region's first biometric card, doubling product portfolio revenue, and delivering multi-million-dollar cost savings through risk strategy and operational excellence across global markets.Arushi has consistently bridged business strategy, innovation, and regulation in complex environments, from North America to Europe, Asia, the Middle East, and Africa. She has launched more than 18 fintech products, built strategic alliances with ecosystem leaders like R3, Oracle, and IBM, and remains a fervent advocate for diversity, inclusion, and collaborative leadership.Based in Houston, Texas, Arushi holds an MBA from Bentley University, a Bachelor of Commerce from Osmania University, and serves as a Court Appointed Special Advocate (CASA), championing the rights of children in foster care.Links from the EpisodeCONNECT WITH ARUSHI SOOD JOSHI:LinkedIn: https://www.linkedin.com/in/arushisoodjoshi/Website: zult.ioZULT LinkedIn: https://www.linkedin.com/company/zult-io/ CONNECT WITH BUTTERSCOTCH MEDIA:Website: butterscotch.mediaFinTech TV Network: https://fintech.tv/category/the-get-down-podcast-series/Subscribe to Chews Tipsheet: butterscotch.media/subscribeFollow us on X: @butterscotch360

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Financial Assistance: She acts as a bridge between rejected borrowers and mainstream financial systems,

Play Episode Listen Later Jun 24, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern.

Financial Assistance: She acts as a bridge between rejected borrowers and mainstream financial systems,

Play Episode Listen Later Jun 24, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern.

Financial Assistance: She acts as a bridge between rejected borrowers and mainstream financial systems,

Play Episode Listen Later Jun 24, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern.

Speaking on Business: Utah Microloan Fund

Building Utah

Play Episode Listen Later Jun 19, 2026 1:30

This is Derek Miller, Speaking on Business. Since 1991, the Utah Microloan Fund has helped small business owners across Utah turn their dreams into reality. Through financing and support for entrepreneurs and underserved communities, they are changing lives and strengthening Utah's economy. Finance Manager, Giovanni Orifici, joins us with more. Giovanni Orifici: When you think about small business, you might picture a local café, a neighborhood contractor or a first-time entrepreneur with a big idea. But what many people don't see is how those dreams get funded. That's where nonprofit microlenders and Community Development Financial Institutions, or CDFIs, come in. These organizations step in where traditional banks often refuse. They provide access to affordable capital for people who may not have perfect credit, operating histories or equity. But they don't stop at loans — they offer direct guidance, education and support to help businesses succeed. CDFIs don't just invest in businesses — they invest in people, neighborhoods and long-term economic growth. Every dollar lent can create jobs, stabilize local economies and strengthen communities. So when you support nonprofit microlenders, you're not just backing a lender — you're helping build opportunity where it's needed most. Derek Miller: From supporting first-time business owners to helping communities grow, the Utah Microloan Fund continues to make a lasting impact across Utah. Learn more about their services, success stories and mission by visiting UtahMicroloanFund.org. I'm Derek Miller, with the Salt Lake Chamber, Speaking on Business. Originally aired: 6/19/26

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Building a Technical Assistance Program That Works (and Proves It)

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Play Episode Listen Later Jun 16, 2026 28:44

In this episode, EIC CEO David Ponraj, VP of Clients Molly King, and Associate Product Owner David Oliver break down what it actually takes to build a technical assistance (TA) program that serves entrepreneurs well and produces the data story your funders need to see. From intake form design to impact tracking, this is a practical, field-tested guide for economic development organizations, SBDCs, and small business program managers.What You'll Learn:Designing your program structure — How to clarify whether you're delivering one-on-one coaching, cohort-based TA, or a hybrid model, and why getting this right from the start prevents burnout for coaches and abandonment by business ownersMinimum viable intake — Why collecting the right data at intake is critical (and why it's nearly impossible to get after the fact), plus how to reduce friction with two- or three-question interest forms and range-based demographic fieldsThe no-wrong-door approach — How to build a referral network so that every business owner who comes to you gets connected to the right resource, even if they don't qualify for your programSetting advisor expectations — How to structure coach/provider relationships, ensure clarity on hours, payment, and case logging, and build in bi-monthly feedback loops that keep advisors engaged and sharing best practicesGetting out into the community — Why a website and newsletter aren't enough, and how to activate minority chambers, Main Street organizations, CDFIs, and community partners to reach underrepresented entrepreneursTracking what matters — Key metrics including capital accessed, jobs created or retained, revenue growth, business survival rates, session volume by advisor, and time-to-first-contactHandling mismatches — Practical strategies for identifying and resolving mentor/mentee misalignment before it becomes a problem, including CSAT surveys and monthly feedback forms for both partiesHow Catalyzer automates all of this — A live walkthrough of how milestone properties, intake forms, and session logging work together so advisors never have to leave a session to update economic impact dataKey Quote: "What gets measured, gets managed—and gets told as a story." — Molly KingTry Catalyzer:

Aunties on Air Episode 53: Honoring the Land and Building the Future: A Conversation Around CDFI's

Aunties on Air...and some Uncles too

Play Episode Listen Later Jun 16, 2026 83:20

Episode 53: Honoring the Land and Building the Future: A Conversation Around CDFI's We took Aunties on Air to the big stage for our first-ever LIVE podcast recording! Auntie Lisa sat down in front of a crowd of over 300 incredible people at the Oweesta Convening for an unforgettable conversation with Hope Huskey and James Francis. But we didn't stop there. Auntie Lisa also caught up with folks throughout the convening to dive into their backgrounds, their impactful work with CDFIs, and what it was like experiencing Wabanaki territory (many for the very first time!). Thank you to Oweesta for hosting us, and to everyone who sat down to share their story! Be sure to tune in this week, you won't want to miss it! Wabanaki Words Used: Apc-oc (again in the future, parting, good-bye, farewell) - https://pmportal.org/dictionary/apc-oc Topics Discussed: Oweesta - https://www.oweesta.org/ Cross Insurance Center - https://www.crossinsurancecenter.com/ Chrystel Cornelius - https://www.oweesta.org/about_oweesta/our-team/chrystel-cornelius/ Cherokee Nation - https://www.cherokee.org/ Oneida Nation - https://oneida-nsn.gov/ Turtle Mountain Band of Chippewa - https://tmchippewa.com/ Ojibwe - https://ojibwe.net/ MMIW - https://en.wikipedia.org/wiki/Missing_and_Murdered_Indigenous_Women Cherokee, North Carolina - https://visitcherokeenc.com/ Authentically Cherokee - https://authenticallycherokee.com/ Sequoyah Fund - https://www.sequoyahfund.org/ University of Maine - https://umaine.edu/ Gerald Sherman - https://www.indigenousimpact.co/gerald-sherman Pine Ridge, South Dakota - https://en.wikipedia.org/wiki/Pine_Ridge,_South_Dakota Bearcreek, Montana - https://en.wikipedia.org/wiki/Bearcreek,_Montana O'ahu, Hawaii - https://en.wikipedia.org/wiki/O%CA%BBahu Hawaiian Monk Seal story - https://www.theguardian.com/us-news/2026/may/27/igor-lytvynchuk-rock-hawaiian-monk-seal Jason “Firefly” Brown - https://www.fireflythehybrid.com/about Turtle Island Community Capital - https://turtleislandcommunitycapital.org/ Wisconsin Native Loan Fund - https://www.winlf.org/ Menominee Nation - https://www.menominee-nsn.gov/ Crafts from the Bay - https://www.facebook.com/p/Crafts-From-The-Bay-100068095383910/ Sokolaponsis Designs - https://sokolaponsisdesigns.com/ Spruce Root - https://spruceroot.org/ Prince Edward Island - https://en.wikipedia.org/wiki/Prince_Edward_Island Woliwon Vendors: Sokolaponsis Designs - sokolaponsisdesigns@gmail.com - sokolaponsisdesigns.com – Sokolaponsis Designs Wiphulakson - Wiphulakson Wooden Way Creations - woodenwaycreations@outlook.com - Woodenwaycreations.com End of The Trail Studio - cmanderson1996@gmail.com - Maliseet Inspired Native Artwork | End of the Trail Sandra's baskets & more - sandrapictou@hotmail.com Bonnie's Native Jewelry - mbonnie5658@gmail.com - Facebook Dina & Co. - Dina.an.company@gmail.com - Facebook People of the Dawn Apothecary - podawnapothecary@gmail.com Lone Bear's Arts - info@lonebearsarts.com - Lone Bear's Arts Crafts From the Bay - belinda.miliano@yahoo.com - Facebook Mac King - kenzie.k.king00@gmail.com - Instagram Penawapskewi Designs - Home | Penawapskewi Designs Wabanaki Tribal Nations: Houlton Band of Maliseet Houlton Band of Maliseet Indians | Littleton, ME (maliseets.net) Mi'kmaq Mi'kmaq Nation | Presque Isle, ME (micmac-nsn.gov) Passamaquoddy Tribe Indian Township Passamaquoddy Tribe @ Indian Township | Peskotomuhkati Motahkomikuk Passamaquoddy Tribe Sipayik Sipayik Tribal Government – Sipayik (wabanaki.com) Penobscot Nation Penobscot Nation | Departments & Info | Indian Island, Maine Special Thanks/Woliwon:  Guest: Hope Huskey, James Francis, Various Guests Producer: Gavin Allen Podcast Team: Macy Downs

Business Tip: She educates entrepreneurs of color—about equitable access to capital and alternative lending pathways.

Play Episode Listen Later Jun 12, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern. Interview Purpose The purpose of this interview is to educate small business owners—especially entrepreneurs of color—about equitable access to capital, alternative lending pathways, and how to become “capital ready.” Sahra Halpern, President and CEO of the Business Consortium Fund (BCF), explains how mission‑driven lending fills the gap left by traditional banks and helps small businesses survive, grow, and ultimately graduate into mainstream financing. The conversation also aims to demystify lending, reduce fear around capital, and encourage entrepreneurs to build trusted financial relationships before entering moments of crisis. Core Themes Discussed 1. Why Small Businesses Are Turned Down by Banks Halpern explains that many small businesses are rejected by banks not because they lack potential, but because banks operate under strict underwriting and regulatory requirements. These systems often fail to account for resilience, experience, contracts, and future growth. BCF exists to serve as a bridge—supporting businesses where banks cannot and preparing them to eventually return as qualified borrowers. 2. Capital Curious vs. Capital Ready A key distinction introduced in the interview is the difference between businesses that are “capital curious” and those that are “capital ready.” Many entrepreneurs know they need funding but lack: Financial organization Clear projections Proper documentation A capital strategy BCF provides technical assistance to help businesses prepare for financing instead of setting them up to fail. 3. Mission‑Driven Lending and Community Impact Halpern frames lending as an ecosystem, not a transaction. When small businesses succeed: Business owners gain stability Employees gain jobs Communities grow stronger Large corporations benefit from more diverse and capable supply chains BCF focuses on long‑term economic impact, not short‑term profit. 4. CDFIs vs. SBA Loans The interview draws a clear distinction between Community Development Financial Institutions (CDFIs) like BCF and government entities such as the SBA. Key differences highlighted: SBA programs shift based on political administrations SBA underwriting has tightened in recent years CDFIs are nonprofit, mission‑aligned, and relationship‑driven CDFIs look at the whole entrepreneur, not just credit scores 5. The Danger of Merchant Cash Advance Loans Halpern strongly warns against Merchant Cash Advance (MCA) loans, which are often marketed as fast solutions but carry extremely high interest rates and long‑term consequences. She explains that: MCAs disqualify borrowers from future SBA refinancing They often trap business owners in cycles of expensive debt CDFIs like BCF can help refinance and escape these loans A real‑world case study (The Cut Buddy / Shark Tank entrepreneur) illustrates how BCF helped refinance over $1M in predatory debt and save a growing business. 6. Relationships Matter More Than Transactions Both Halpern and McDonald emphasize the importance of building lender relationships early, not only when cash flow is tight. BCF underwrites the entire business and the entrepreneur, rather than seizing control of a contract or revenue stream, as some factoring companies do. Power comes from having options—and informed decision‑making. Key Takeaways Banking rejection is not the end of the road Small businesses must prepare themselves to be capital ready CDFIs serve as critical bridges between entrepreneurs and traditional banks Fast money often leads to expensive, dangerous debt Merchant cash advances should be avoided whenever possible Mission‑driven lenders look at the whole entrepreneur, not just numbers Strong lender relationships protect businesses during uncertainty Capital should empower growth—not take control of your company Notable Quotes “Just because a bank says no doesn’t mean that’s the end of your road.” “We’re not just looking at your credit score—we’re looking at you as a whole entrepreneur.” “Capital readiness is not about desperation; it’s about preparation.” “If you’re sitting on a merchant cash advance loan right now, you are not stuck.” “Nothing makes me happier than seeing clients realize their dreams and grow into multimillion‑dollar businesses.” “You should talk to multiple lenders—but you should always understand the real cost of the money.” Conclusion Sahra Halpern’s interview serves as a practical roadmap and a cautionary lesson for small business owners navigating today’s uncertain economic landscape. It reinforces that access to capital is about strategy, education, and relationships, not just approval or rejection. The conversation encourages entrepreneurs to reclaim power, avoid predatory financing, and partner with institutions that are committed to their long‑term success and community impact. #SHMS #BEST #STRAWSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Business Tip: She educates entrepreneurs of color—about equitable access to capital and alternative lending pathways.

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Play Episode Listen Later Jun 12, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern. Interview Purpose The purpose of this interview is to educate small business owners—especially entrepreneurs of color—about equitable access to capital, alternative lending pathways, and how to become “capital ready.” Sahra Halpern, President and CEO of the Business Consortium Fund (BCF), explains how mission‑driven lending fills the gap left by traditional banks and helps small businesses survive, grow, and ultimately graduate into mainstream financing. The conversation also aims to demystify lending, reduce fear around capital, and encourage entrepreneurs to build trusted financial relationships before entering moments of crisis. Core Themes Discussed 1. Why Small Businesses Are Turned Down by Banks Halpern explains that many small businesses are rejected by banks not because they lack potential, but because banks operate under strict underwriting and regulatory requirements. These systems often fail to account for resilience, experience, contracts, and future growth. BCF exists to serve as a bridge—supporting businesses where banks cannot and preparing them to eventually return as qualified borrowers. 2. Capital Curious vs. Capital Ready A key distinction introduced in the interview is the difference between businesses that are “capital curious” and those that are “capital ready.” Many entrepreneurs know they need funding but lack: Financial organization Clear projections Proper documentation A capital strategy BCF provides technical assistance to help businesses prepare for financing instead of setting them up to fail. 3. Mission‑Driven Lending and Community Impact Halpern frames lending as an ecosystem, not a transaction. When small businesses succeed: Business owners gain stability Employees gain jobs Communities grow stronger Large corporations benefit from more diverse and capable supply chains BCF focuses on long‑term economic impact, not short‑term profit. 4. CDFIs vs. SBA Loans The interview draws a clear distinction between Community Development Financial Institutions (CDFIs) like BCF and government entities such as the SBA. Key differences highlighted: SBA programs shift based on political administrations SBA underwriting has tightened in recent years CDFIs are nonprofit, mission‑aligned, and relationship‑driven CDFIs look at the whole entrepreneur, not just credit scores 5. The Danger of Merchant Cash Advance Loans Halpern strongly warns against Merchant Cash Advance (MCA) loans, which are often marketed as fast solutions but carry extremely high interest rates and long‑term consequences. She explains that: MCAs disqualify borrowers from future SBA refinancing They often trap business owners in cycles of expensive debt CDFIs like BCF can help refinance and escape these loans A real‑world case study (The Cut Buddy / Shark Tank entrepreneur) illustrates how BCF helped refinance over $1M in predatory debt and save a growing business. 6. Relationships Matter More Than Transactions Both Halpern and McDonald emphasize the importance of building lender relationships early, not only when cash flow is tight. BCF underwrites the entire business and the entrepreneur, rather than seizing control of a contract or revenue stream, as some factoring companies do. Power comes from having options—and informed decision‑making. Key Takeaways Banking rejection is not the end of the road Small businesses must prepare themselves to be capital ready CDFIs serve as critical bridges between entrepreneurs and traditional banks Fast money often leads to expensive, dangerous debt Merchant cash advances should be avoided whenever possible Mission‑driven lenders look at the whole entrepreneur, not just numbers Strong lender relationships protect businesses during uncertainty Capital should empower growth—not take control of your company Notable Quotes “Just because a bank says no doesn’t mean that’s the end of your road.” “We’re not just looking at your credit score—we’re looking at you as a whole entrepreneur.” “Capital readiness is not about desperation; it’s about preparation.” “If you’re sitting on a merchant cash advance loan right now, you are not stuck.” “Nothing makes me happier than seeing clients realize their dreams and grow into multimillion‑dollar businesses.” “You should talk to multiple lenders—but you should always understand the real cost of the money.” Conclusion Sahra Halpern’s interview serves as a practical roadmap and a cautionary lesson for small business owners navigating today’s uncertain economic landscape. It reinforces that access to capital is about strategy, education, and relationships, not just approval or rejection. The conversation encourages entrepreneurs to reclaim power, avoid predatory financing, and partner with institutions that are committed to their long‑term success and community impact. #SHMS #BEST #STRAWSee omnystudio.com/listener for privacy information.

Investing in Outdoor Founders with Andrew Luter of Rio Chato Investments

KORE Outdoors Podcast

Play Episode Listen Later Jun 11, 2026 69:06

Most outdoor founders think raising money means venture capital. Andrew Luter of Rio Chato Investments spends much of his time talking founders out of taking money and, instead, helps them to see what options they have that may be a better fit. He breaks down why most outdoor businesses are the wrong shape for VC, and why using equity to solve a cash-flow problem is like taking out a splinter with a chainsaw. We cover the funding tools founders overlook, the big wholesale orders that can quietly kill small brands, why coachability beats product and pitch, and the "danger zone" where a brand is too big to be small and too small to be big.Topics covered in the episode:When raising equity is the wrong moveThe REI/big-box order as a working-capital trapUnderused funding: PO financing, revenue-based financing, CDFIs, friends and familyWhy coachability beats product and pitchThe "danger zone": too big to be small, too small to be bigCommunity-first brands as the next wave in outdoorLinksAndrew's SubstackRio Chato InvestmentsHeather Kelly's SubstackConnect with Andrew on LinkedInConnect with Christian on LinkedInRegister for the KORE SummitThe KORE Podcast is a production of the Kootenay Outdoor Recreation Enterprise. Learn more about KORE and the podcast: https://koreoutdoors.org/podcast #koreoutdoors #craftgearfromhere

Do CDFIs Overcome Market Failures?

Speaking of the Economy

Play Episode Listen Later Jun 10, 2026 17:44

Surekha Carpenter and Borys Grochulski discuss how community development financial institutions work to help underserved communities that lack adequate access to credit and what factors determine their success in filling market gaps. Carpenter is a senior research analyst and Grochulski is a senior economist, both at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_06_10_cdfi_market_failures

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Episode 289: Leaders Building Wealth in Black Communities to Convene Next Week in New Orleans

Biz Talks

Play Episode Listen Later Jun 9, 2026 29:15

From June 16-18, more than 90 CEOs of Black-led Community Development Financial Institutions (CDFIs) alongside funders, policy makers and industry partners from across the country, will gather for three days of programming at The Westin New Orleans. The ONWARD 2026 Annual Conference is hosted by the African American Alliance of CDFI CEOs. The organization's president and CEO, Amber Banks, joins us this week to help us learn more about how CDFIs work, what they can do for people, and how they're fighting back in today's challenging climate.

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Building From the Ground Up: Entrepreneurship-Led Economic Development with Tarsha Hearns

Play Episode Listen Later May 19, 2026 45:32

In honor of National Small Business Week and Economic Development Week 2026, David Ponraj sits down with Tarsha Hearns of Economic Growth Strategies for a candid, practical conversation about what it really means to put entrepreneurs at the center of economic development strategy.Tarsha brings over two decades of ecosystem-building experience in the Dallas-Fort Worth area and beyond, and she doesn't hold back from calling out copy-paste program design to naming the trust problem that quietly fractures ecosystems from the inside.In this episode, we cover:What entrepreneurship-led economic development actually means and how it differs from the traditional playbook of chasing big corporate relocations, including a look at programs and resources dedicated to entrepreneurship-led ED that Tarsha has tapped intoThe Dallas Collaborative for Capital Access and how a JP Morgan Chase-funded initiative brought together CDFIs, city officials, and ESOs to tackle a capital desert in South Dallas without launching yet another loan fundWhy speed of capital matters more than amount or cost and how EIC's Catalyzer platform is implementing automated underwriting to help CDFIs say yes fasterThe "copy-paste" trap and why importing a program that worked in another city without assessing your own ecosystem is a recipe for duplication, not impactThe trust problem nobody talks about—how broken referral loops, siloed data, and lack of follow-through erode confidence across the ecosystem, and what to do about itData collection done right—practical tips for capturing client outcomes at every touchpoint, including how to build incentives into your grant structureRapid-fire advice—what communities should start doing (quarterly convenings), stop doing (operating in silos), and the free C-Cube Toolkit to help get those ecosystem conversations startedResources mentioned:Economic Growth Strategies Ecosystem Assessment — start here to identify gaps in your ecosystem's infrastructure, data strategy, and capital access programsIEDC — the leading professional organization for economic developers, with programs and resources dedicated to entrepreneurship-led economic developmentC-Cube Toolkit — a free resource for starting ecosystem coordination conversationsCalifornia SCALE Network — statewide referral network model connecting SBDCs, CDFIs, chambers, and more

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More Than Metrics: The Human Side of Small Town Economic Development

Play Episode Listen Later May 12, 2026 33:46

In this episode of Breaking Down Barriers, host David Ponraj sits down with Erik Reader of Reader Area Development to celebrate National Small Business Week, Economic Development Week, and the 100th anniversary of the International Economic Development Council (IEDC).Erik brings 15+ years of on-the-ground experience in community and economic development— from running a chamber/tourism hybrid organization and leading the Illinois Main Street statewide network, to working with CDFIs and SBA CDCs. He joins David to talk candidly about the state of small towns across America, what it really takes to bring a Main Street back to life, and why the human side of entrepreneurship matters more than any metric.In this episode, you'll hear:Why remote work and post-COVID migration are reshaping small towns and creating new opportunities for communities under 50,000Whether brick-and-mortar businesses on Main Street can still thrive (spoiler: never say never)Erik's AREA framework—Assistance, Retention, Expansion, and Attraction—and why attraction should always come lastDavid's addition to the model: Succession and why protecting existing businesses is more valuable than funding new onesWhat Entrepreneurship Through Acquisition (ETA) is and why it may be the safest path into business ownershipReal-world examples from Havana, Illinois and Geneva, Illinois on what deep community engagement can unlockWhy the best downtowns lean into their quirks instead of copying what worked somewhere elseThe art of community storytelling—from placards and visitor guides to AR/VR preservation (like Dunedin's Kellogg Mansion)Connect with Erik Reader:LinkedIn: Erik ReaderWeb: readerareadevelopment.com

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Business Tip: She educates entrepreneurs of color—about equitable access to capital.

Play Episode Listen Later May 9, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern. Interview Purpose The purpose of this interview is to educate small business owners—especially entrepreneurs of color—about equitable access to capital, alternative lending pathways, and how to become “capital ready.” Sahra Halpern, President and CEO of the Business Consortium Fund (BCF), explains how mission‑driven lending fills the gap left by traditional banks and helps small businesses survive, grow, and ultimately graduate into mainstream financing. The conversation also aims to demystify lending, reduce fear around capital, and encourage entrepreneurs to build trusted financial relationships before entering moments of crisis. Core Themes Discussed 1. Why Small Businesses Are Turned Down by Banks Halpern explains that many small businesses are rejected by banks not because they lack potential, but because banks operate under strict underwriting and regulatory requirements. These systems often fail to account for resilience, experience, contracts, and future growth. BCF exists to serve as a bridge—supporting businesses where banks cannot and preparing them to eventually return as qualified borrowers. 2. Capital Curious vs. Capital Ready A key distinction introduced in the interview is the difference between businesses that are “capital curious” and those that are “capital ready.” Many entrepreneurs know they need funding but lack: Financial organization Clear projections Proper documentation A capital strategy BCF provides technical assistance to help businesses prepare for financing instead of setting them up to fail. 3. Mission‑Driven Lending and Community Impact Halpern frames lending as an ecosystem, not a transaction. When small businesses succeed: Business owners gain stability Employees gain jobs Communities grow stronger Large corporations benefit from more diverse and capable supply chains BCF focuses on long‑term economic impact, not short‑term profit. 4. CDFIs vs. SBA Loans The interview draws a clear distinction between Community Development Financial Institutions (CDFIs) like BCF and government entities such as the SBA. Key differences highlighted: SBA programs shift based on political administrations SBA underwriting has tightened in recent years CDFIs are nonprofit, mission‑aligned, and relationship‑driven CDFIs look at the whole entrepreneur, not just credit scores 5. The Danger of Merchant Cash Advance Loans Halpern strongly warns against Merchant Cash Advance (MCA) loans, which are often marketed as fast solutions but carry extremely high interest rates and long‑term consequences. She explains that: MCAs disqualify borrowers from future SBA refinancing They often trap business owners in cycles of expensive debt CDFIs like BCF can help refinance and escape these loans A real‑world case study (The Cut Buddy / Shark Tank entrepreneur) illustrates how BCF helped refinance over $1M in predatory debt and save a growing business. 6. Relationships Matter More Than Transactions Both Halpern and McDonald emphasize the importance of building lender relationships early, not only when cash flow is tight. BCF underwrites the entire business and the entrepreneur, rather than seizing control of a contract or revenue stream, as some factoring companies do. Power comes from having options—and informed decision‑making. Key Takeaways Banking rejection is not the end of the road Small businesses must prepare themselves to be capital ready CDFIs serve as critical bridges between entrepreneurs and traditional banks Fast money often leads to expensive, dangerous debt Merchant cash advances should be avoided whenever possible Mission‑driven lenders look at the whole entrepreneur, not just numbers Strong lender relationships protect businesses during uncertainty Capital should empower growth—not take control of your company Notable Quotes “Just because a bank says no doesn’t mean that’s the end of your road.” “We’re not just looking at your credit score—we’re looking at you as a whole entrepreneur.” “Capital readiness is not about desperation; it’s about preparation.” “If you’re sitting on a merchant cash advance loan right now, you are not stuck.” “Nothing makes me happier than seeing clients realize their dreams and grow into multimillion‑dollar businesses.” “You should talk to multiple lenders—but you should always understand the real cost of the money.” Conclusion Sahra Halpern’s interview serves as a practical roadmap and a cautionary lesson for small business owners navigating today’s uncertain economic landscape. It reinforces that access to capital is about strategy, education, and relationships, not just approval or rejection. The conversation encourages entrepreneurs to reclaim power, avoid predatory financing, and partner with institutions that are committed to their long‑term success and community impact. #SHMS #BEST #STRAWSee omnystudio.com/listener for privacy information.

The $200 Billion Blind Spot: Why Community Lenders Keep Failing Small Business Owners

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Play Episode Listen Later May 5, 2026 31:18

What if the real problem with small business lending isn't the banks, but that nobody's actually built the system around the business owner?In this conversation, David sits down with Charles Kollo, Head of Innovation at BBIF, a Florida-based CDFI (Community Development Financial Institution), for a candid conversation about why the $200 billion community lending ecosystem is ripe for disruption, why CDFIs have been slow to modernize, and what it will actually take to put capital access back in the hands of business owners.Charles brings a rare global lens to the conversation: he's built a digital bank in Sub-Saharan Africa, worked with major banking groups across Côte d'Ivoire, Zimbabwe, Lesotho, and beyond, and now applies those lessons to the U.S. CDFI space.In this episode:Why CDFIs were created (and why they've been slow to innovate)The outdated 1970s credit scoring system that's still running the showWhy high interest rates from alternative lenders are essentially a "laziness fee" (and what accurate risk prediction could change)The real victim in the lending ecosystem: the small business ownerWhat mobile money in Africa can teach us about capital deployment in the U.S.The three ingredients needed to actually solve this problem: clarity of thought, tools, and distributionWhy EIC may be positioned to bridge the gapLinks & Resources:Rethinking Capital Access for Small Businesses with Charles KolloLearn more about CDFIs: cdfi.orgLearn more about BBIF: bbif.com

Business Tip: She educates entrepreneurs of color—about equitable access to capital.

Morrisonic: A Podcast About the Portland Timbers (Mostly)

Play Episode Listen Later Apr 21, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern. Interview Purpose The purpose of this interview is to educate small business owners—especially entrepreneurs of color—about equitable access to capital, alternative lending pathways, and how to become “capital ready.” Sahra Halpern, President and CEO of the Business Consortium Fund (BCF), explains how mission‑driven lending fills the gap left by traditional banks and helps small businesses survive, grow, and ultimately graduate into mainstream financing. The conversation also aims to demystify lending, reduce fear around capital, and encourage entrepreneurs to build trusted financial relationships before entering moments of crisis. Core Themes Discussed 1. Why Small Businesses Are Turned Down by Banks Halpern explains that many small businesses are rejected by banks not because they lack potential, but because banks operate under strict underwriting and regulatory requirements. These systems often fail to account for resilience, experience, contracts, and future growth. BCF exists to serve as a bridge—supporting businesses where banks cannot and preparing them to eventually return as qualified borrowers. 2. Capital Curious vs. Capital Ready A key distinction introduced in the interview is the difference between businesses that are “capital curious” and those that are “capital ready.” Many entrepreneurs know they need funding but lack: Financial organization Clear projections Proper documentation A capital strategy BCF provides technical assistance to help businesses prepare for financing instead of setting them up to fail. 3. Mission‑Driven Lending and Community Impact Halpern frames lending as an ecosystem, not a transaction. When small businesses succeed: Business owners gain stability Employees gain jobs Communities grow stronger Large corporations benefit from more diverse and capable supply chains BCF focuses on long‑term economic impact, not short‑term profit. 4. CDFIs vs. SBA Loans The interview draws a clear distinction between Community Development Financial Institutions (CDFIs) like BCF and government entities such as the SBA. Key differences highlighted: SBA programs shift based on political administrations SBA underwriting has tightened in recent years CDFIs are nonprofit, mission‑aligned, and relationship‑driven CDFIs look at the whole entrepreneur, not just credit scores 5. The Danger of Merchant Cash Advance Loans Halpern strongly warns against Merchant Cash Advance (MCA) loans, which are often marketed as fast solutions but carry extremely high interest rates and long‑term consequences. She explains that: MCAs disqualify borrowers from future SBA refinancing They often trap business owners in cycles of expensive debt CDFIs like BCF can help refinance and escape these loans A real‑world case study (The Cut Buddy / Shark Tank entrepreneur) illustrates how BCF helped refinance over $1M in predatory debt and save a growing business. 6. Relationships Matter More Than Transactions Both Halpern and McDonald emphasize the importance of building lender relationships early, not only when cash flow is tight. BCF underwrites the entire business and the entrepreneur, rather than seizing control of a contract or revenue stream, as some factoring companies do. Power comes from having options—and informed decision‑making. Key Takeaways Banking rejection is not the end of the road Small businesses must prepare themselves to be capital ready CDFIs serve as critical bridges between entrepreneurs and traditional banks Fast money often leads to expensive, dangerous debt Merchant cash advances should be avoided whenever possible Mission‑driven lenders look at the whole entrepreneur, not just numbers Strong lender relationships protect businesses during uncertainty Capital should empower growth—not take control of your company Notable Quotes “Just because a bank says no doesn’t mean that’s the end of your road.” “We’re not just looking at your credit score—we’re looking at you as a whole entrepreneur.” “Capital readiness is not about desperation; it’s about preparation.” “If you’re sitting on a merchant cash advance loan right now, you are not stuck.” “Nothing makes me happier than seeing clients realize their dreams and grow into multimillion‑dollar businesses.” “You should talk to multiple lenders—but you should always understand the real cost of the money.” Conclusion Sahra Halpern’s interview serves as a practical roadmap and a cautionary lesson for small business owners navigating today’s uncertain economic landscape. It reinforces that access to capital is about strategy, education, and relationships, not just approval or rejection. The conversation encourages entrepreneurs to reclaim power, avoid predatory financing, and partner with institutions that are committed to their long‑term success and community impact. #SHMS #BEST #STRAWSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

#450 - Minnesota recap! San Diego Preview! Recruiting!

Play Episode Listen Later Apr 21, 2026 50:30

If you know someone who is in Portland and super passionate about impact investing (CDFIs, credit unions, land trusts, financing childcare infrastructure!, community development and/or consulting company operations (standard operating procedures! templates! OKRs!) send them to morrisonicpod at gmail. I'll have a real job listing by the end of the week. I'm looking for one or maybe two analysts.

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Business Tip: She educates entrepreneurs of color—about equitable access to capital.

Play Episode Listen Later Apr 8, 2026 28:14 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra S. Halpern. Interview Purpose The purpose of this interview is to educate small business owners—especially entrepreneurs of color—about equitable access to capital, alternative lending pathways, and how to become “capital ready.” Sahra Halpern, President and CEO of the Business Consortium Fund (BCF), explains how mission‑driven lending fills the gap left by traditional banks and helps small businesses survive, grow, and ultimately graduate into mainstream financing. The conversation also aims to demystify lending, reduce fear around capital, and encourage entrepreneurs to build trusted financial relationships before entering moments of crisis. Core Themes Discussed 1. Why Small Businesses Are Turned Down by Banks Halpern explains that many small businesses are rejected by banks not because they lack potential, but because banks operate under strict underwriting and regulatory requirements. These systems often fail to account for resilience, experience, contracts, and future growth. BCF exists to serve as a bridge—supporting businesses where banks cannot and preparing them to eventually return as qualified borrowers. 2. Capital Curious vs. Capital Ready A key distinction introduced in the interview is the difference between businesses that are “capital curious” and those that are “capital ready.” Many entrepreneurs know they need funding but lack: Financial organization Clear projections Proper documentation A capital strategy BCF provides technical assistance to help businesses prepare for financing instead of setting them up to fail. 3. Mission‑Driven Lending and Community Impact Halpern frames lending as an ecosystem, not a transaction. When small businesses succeed: Business owners gain stability Employees gain jobs Communities grow stronger Large corporations benefit from more diverse and capable supply chains BCF focuses on long‑term economic impact, not short‑term profit. 4. CDFIs vs. SBA Loans The interview draws a clear distinction between Community Development Financial Institutions (CDFIs) like BCF and government entities such as the SBA. Key differences highlighted: SBA programs shift based on political administrations SBA underwriting has tightened in recent years CDFIs are nonprofit, mission‑aligned, and relationship‑driven CDFIs look at the whole entrepreneur, not just credit scores 5. The Danger of Merchant Cash Advance Loans Halpern strongly warns against Merchant Cash Advance (MCA) loans, which are often marketed as fast solutions but carry extremely high interest rates and long‑term consequences. She explains that: MCAs disqualify borrowers from future SBA refinancing They often trap business owners in cycles of expensive debt CDFIs like BCF can help refinance and escape these loans A real‑world case study (The Cut Buddy / Shark Tank entrepreneur) illustrates how BCF helped refinance over $1M in predatory debt and save a growing business. 6. Relationships Matter More Than Transactions Both Halpern and McDonald emphasize the importance of building lender relationships early, not only when cash flow is tight. BCF underwrites the entire business and the entrepreneur, rather than seizing control of a contract or revenue stream, as some factoring companies do. Power comes from having options—and informed decision‑making. Key Takeaways Banking rejection is not the end of the road Small businesses must prepare themselves to be capital ready CDFIs serve as critical bridges between entrepreneurs and traditional banks Fast money often leads to expensive, dangerous debt Merchant cash advances should be avoided whenever possible Mission‑driven lenders look at the whole entrepreneur, not just numbers Strong lender relationships protect businesses during uncertainty Capital should empower growth—not take control of your company Notable Quotes “Just because a bank says no doesn’t mean that’s the end of your road.” “We’re not just looking at your credit score—we’re looking at you as a whole entrepreneur.” “Capital readiness is not about desperation; it’s about preparation.” “If you’re sitting on a merchant cash advance loan right now, you are not stuck.” “Nothing makes me happier than seeing clients realize their dreams and grow into multimillion‑dollar businesses.” “You should talk to multiple lenders—but you should always understand the real cost of the money.” Conclusion Sahra Halpern’s interview serves as a practical roadmap and a cautionary lesson for small business owners navigating today’s uncertain economic landscape. It reinforces that access to capital is about strategy, education, and relationships, not just approval or rejection. The conversation encourages entrepreneurs to reclaim power, avoid predatory financing, and partner with institutions that are committed to their long‑term success and community impact. #SHMS #BEST #STRAWSteve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Business Tip: Interview focuses on access to affordable capital to help business owners grow sustainably rather than be crushed by debt.

Develop This: Economic and Community Development

Play Episode Listen Later Apr 2, 2026 21:36 Transcription Available

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sahra Halpern. Title: President & CEO, Business Consortium Fund (BCF) and Triad InvestmentsHost: Rushion McDonaldPodcast: Money Making Conversations Masterclass Sahra Halpern explains how Community Development Financial Institutions (CDFIs)—specifically the Business Consortium Fund—provide patient capital, education, and partnership to minority‑owned, B2B businesses. The interview focuses on access to affordable capital, trust in financial systems, and helping business owners grow sustainably rather than be crushed by debt. Purpose of the Interview The interview aims to: Educate listeners about CDFIs, a little‑known but powerful source of business capital. Demystify the business lending process, especially for owners who are wary of banks. Address historical distrust of financial systems in communities of color. Position BCF as a partner—not just a lender—for minority‑owned businesses. Encourage business owners to build relationships with lenders before they need money. Key Themes & Takeaways 1. What Makes a CDFI Different From a Bank BCF is a nonprofit lender and a federally designated Community Development Financial Institution. Unlike traditional banks, CDFIs: Work closely with borrowers throughout the loan lifecycle Do not immediately write off loans when challenges arise Focus on long‑term business success, not short‑term repayment Key takeaway: CDFIs lend with flexibility, patience, and partnership. 2. A “Best‑Kept Secret” in Finance There are roughly 2,000 CDFIs nationwide, designated by the U.S. Treasury. About half focus on small business lending, and half on affordable housing. They are funded through bank partnerships, philanthropy, and mission‑driven capital. Insight: Many minority business owners struggle unnecessarily because they don’t know CDFIs exist. 3. Trust Is Central to Capital Access Many BCF clients are engaging with formal finance for the first time, even if they are experienced business owners. Historical discrimination has created deep mistrust of financial institutions. BCF builds trust by being transparent, educational, and relationship‑driven. Takeaway: Capital follows trust—and trust must be earned. 4. Focus on B2B Businesses and Contracts BCF primarily serves B2B businesses (business‑to‑business). Loans often help businesses: Fulfill contracts with corporations or government entities Hire staff Purchase materials Manage cash flow while waiting for receivables Key idea: Contracts create opportunity—but only if businesses have working capital to execute. 5. Lending Is Also Education Applicants must provide documentation: Three years of tax returns Credit history Bank statements Cash‑flow details This is intentional—not punitive. BCF’s goal is to ensure debt creates growth, not stress or failure. Important distinction: BCF is not a predatory lender—it refuses to lend irresponsibly. 6. Affordable Capital Through Partnerships BCF borrows capital from banks at low rates. It adds a modest margin to: Cover operating costs Continue serving the community Rates are designed to be sustainable, not extractive. Takeaway: Affordable capital is possible when mission comes before profit. 7. Sahra Halpern’s Personal Motivation Her mother immigrated from Trinidad and Tobago, escaping hardship. Sahra learned early that opportunity often depends on who helps you along the way. She worked in human rights, then economic development, and spent 15 years at Charles Schwab, where she helped finance CDFIs—before leading one herself. Core belief: Economic justice is essential to community well‑being. 8. Three Financial Principles for Business Owners Sahra offers three practical “financial truths”: Know the industry you serveUnderstand compliance, insurance, and contract requirements. Know your credit score—and yourselfCredit can be improved, but only if you face it honestly. Don’t take on debt you can’t repayLoans should serve growth, not keep you up at night. Key lesson: Discipline is more important than loan size. 9. Relationships Must Come Before Loans Business owners should engage lenders before they need capital. Opportunities can arise unexpectedly—and preparation matters. CDFIs can help with: Financial planning Budgeting Understanding readiness for funding Takeaway: Don’t wait for a crisis to build financial relationships. Notable Quotes “We are one of the best‑kept secrets—and we should not be a secret anymore.” “We are not a bank. We are a partner.” “Put your fear and your self‑doubt aside before you walk in the door.” “Don’t take on debt that will keep you up at night.” “You need a relationship before you need financing.” “We want capital to be a path to growth—not another headache.” Overall Impact This interview reframes access to capital as a relationship‑driven process, not a transactional hurdle. Sahra Halpern positions BCF—and CDFIs broadly—as bridges between financial systems and underserved businesses, offering not just loans, but guidance, trust, and accountability. Final message:Capital changes communities when it is affordable, patient, and paired with education. #SHMS #BEST #STRAWSteve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

DT #633 From Capital to Community: How CDFIs Drive Inclusive Growth

Play Episode Listen Later Apr 1, 2026 35:10

In this episode of Develop This!, Dennis Fraise sits down with Amber Banks, President and CEO of the African American Alliance of CDFI CEOs, to explore the transformative role of Community Development Financial Institutions (CDFIs) in advancing equitable economic development. Amber shares how black-led CDFIs are uniquely positioned to build trust, expand capital access, and drive meaningful impact in underserved communities—while also addressing the persistent challenges these institutions face in scaling and sustainability. From the importance of certification and capital access to the power of culturally competent leadership, this conversation highlights why investing in black-led CDFIs isn't just equitable—it's essential for stronger, more resilient local economies. If you're an economic developer looking to deepen community impact, strengthen partnerships, or better understand the future of inclusive finance, this episode delivers actionable insights you can apply today. Key Takeaways CDFIs are critical infrastructure for underserved communities, filling financing gaps traditional institutions often overlook Black-led CDFIs face systemic capital barriers, limiting their ability to scale impact Trust and cultural competency are core to successful community finance strategies Certification matters—it signals credibility and unlocks funding opportunities Investing in black-led institutions strengthens entire regional economies Episode Highlights The evolving role of CDFIs in modern economic development Understanding the capital asset gap and its implications Navigating tools like New Market Tax Credits Building institutional capacity for long-term sustainability The role of philanthropy and partnerships in scaling impact Leadership lessons from growing a national alliance Memorable Sound Bites "Without capital, impact is limited." "Certification signals investability." "Empathy shapes effective leadership."

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Building Opportunity in Los Angeles with Nicole Williams

Moments with Marianne

Play Episode Listen Later Mar 31, 2026 29:45

What does it take to rebuild communities and create real economic opportunity in Los Angeles? Tune in for an insightful conversation with Nicole Williams, Executive Director of LISC LA, as we explore how innovative programs are helping communities grow and thrive.Moments with Marianne Radio Show airs in the Southern California area on KMET1490AM & 98.1 FM, an ABC Talk News Radio Affiliate! https://www.kmet1490am.comNicole Williams spearheads the LISC LA office, which has invested nearly $1.6 billion in affordable housing, small businesses, economic development, health, education, community safety and jobs throughout Los Angeles over the last 36 years. Williams' background spans finance, government and community-focused nonprofits, all of which she will draw on to lead LISC LA. Most recently, she was senior vice president and head of nonprofit banking for Banc of California, where she built a line of business focused on nonprofits and community development financial institutions (CDFIs) in California. https://www.lisc.org/los-angeles/To learn more about the show and interview opportunities contact us at: https://www.mariannepestana.com

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03-11-26 Amber Banks, President and CEO of the African American Alliance of CDFI CEOs, talks with Freddie Bell and Chantel Sings about strengthening Black-led community lenders and the impact of the Black Renaissance Fund

KMOJCast

Play Episode Listen Later Mar 11, 2026 7:55

On the KMOJ Morning Show, Freddie Bell and Chantel Sings speak with Amber Banks about the mission of the African American Alliance of CDFI CEOs and the role Black-led community development financial institutions play in expanding access to capital. She explains how CDFIs help entrepreneurs start businesses, support homeownership, and invest in communities often overlooked by traditional financial institutions. Banks also discusses why leaders from across the Midwest are gathering in Minneapolis to collaborate and share strategies to grow community investment. The conversation highlights the Black Renaissance Fund, which provides grants and low-interest capital to strengthen Black-led CDFIs and increase their ability to support economic growth in underserved communities.

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Bridge Loans Are Saving Tribal Clean Energy Projects #328

Clean Power Hour

Play Episode Listen Later Jan 15, 2026 40:46 Transcription Available

#EP328 Federal funding for tribal clean energy projects has been rescinded. Tribes that invested millions in solar and microgrid projects now face stalled construction, lost jobs, and broken promises. David Harper, CEO of Huurav, is stepping in with bridge loans to keep these projects alive.David Harper is a tribal member from the Colorado River Indian Tribes on the Arizona-California border. He started his solar career fighting developers who disturbed sacred artifacts and human remains on tribal lands. Today, he runs Huurav, a company providing bridge financing for the 575 federally recognized tribes across the United States. His sister company, 7 Skyline, provides electrical engineering consulting to 80-90 tribes nationwide.Episode Highlights:The 2021 Infrastructure Bill allocated $10-15 billion for tribal energy projects. Much of that funding has been clawed back.Tribes that invested their own money now have stalled projects with no path to completion.Huurav provides 2-6 year bridge loans that allow tribes to continue construction while securing permanent financing.Capital stacking allows multiple funders (CDFIs, philanthropy, financial institutions, etc) to share risk on larger projects.Case study: Guidiville Rancheria in Mendocino County received a $1M bridge loan for a 500kW solar plus 1.5MW battery storage microgrid serving 44 homes.Huurav has 22 projects in its pipeline with more tribes requesting support.Tribal communities often suffer brownouts and blackouts because they sit at the end of utility lines. Microgrids offer energy independence.David Harper's story captures what happens when federal promises disappear overnight. Tribes that did everything right, completed feasibility studies, hired workers, and approved scopes of work, are left holding the bill. Huurav fills that gap with bridge loans sized to what tribes can pay back. This model builds credit history, creates jobs, and moves the 22 projects in their pipeline toward completion.Connect with David HarperLinkedIn: https://www.linkedin.com/in/david-harper-ab6b762b5/Huurav: https://www.huurav.com/7Skyline: https://www.7skyline.com/ Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com

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Lending To Grow America with Bryan Doxford

Credit Union Conversations

Play Episode Listen Later Dec 2, 2025 27:16 Transcription Available

Today on Credit Union Conversations, Mark Ritter sits down with Bryan Doxford of Grow America to discuss innovative approaches to supporting small businesses, affordable housing, and underserved communities. Bryan shares insights into the mission-driven work of Grow America, including its role in providing capital through SBA loans, new market tax credits, and low-income housing initiatives. Bryan highlights how Grow America partners with credit unions, CDFIs, and community organizations to bridge funding gaps, offer economic development training, and help businesses access the capital they need to thrive.They also delve into the current state of Certified Development Financial Institutions (CDFIs), exploring trends in consolidation, grant reliance, and self-sufficiency. Bryan underscores the importance of collaboration, both between mission-aligned organizations and with credit unions, to maximize impact in underserved communities. From small business lending to affordable housing and workforce development, this episode provides actionable insights for credit unions and community-focused organizations seeking to expand their impact.What You Will Learn in This Episode: ✅How Grow America (formerly NDC) drives community impact✅The evolving landscape of CDFIs✅The national housing shortage & affordability crisis✅How credit unions and CDFIs can partner for greater impactSubscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today. TIMESTAMPS: 00:00 Introduction01:00 Bryan Doxford's career journey: from credit unions to SBA lending07:00 About Grow America's mission and programs09:00 Explanation of new market tax credits11:00 Current state and future of CDFIs17:100 Affordable housing initiatives and impact21:00 Training programs and community partnerships24:00 Access to capital and client community examples25:00 How credit unions can collaborate with Grow AmericaKEY TAKEAWAYS:

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The Scary Truth: Why Most Small Businesses Aren't Ready for Real GovCon Opportunities

Govcon Giants Podcast

Play Episode Listen Later Nov 21, 2025 8:53

In this episode of The Eric Coffie Show, Eric reveals why so many small businesses struggle in GovCon—not because opportunities are scarce, but because most aren't procurement-ready when it counts. He highlights how high-level relationships with major primes like SAIC, Encore Funding, Collins Aerospace, and federal agencies open doors to subcontracting opportunities even during market slowdowns, and he shares the powerful story of winning a $5M subcontract with bad credit, debt, and zero bonding by leveraging partnerships and vendor credit. Eric also breaks down the revamped Federal Help Center, now built to help beginners get foundational tools in the Starter Group while serious contractors get advanced deal-making strategy inside the Pro Hub, backed by lenders, CDFIs, and industry insiders committed to helping small businesses win. Key Takeaways Most businesses lose in GovCon because they're not procurement-ready when opportunity arrives. You can win major contracts as a subcontractor—even without capital, bonding, or great credit. The right community and prime relationships unlock opportunities no bid website ever will. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ Watch the full Youtube Live here: https://www.youtube.com/live/xEQKIP4wIrE?si=x9oU8ENE4Y74H98T

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The Power and Promise of CDFIs

Renegade Capital

Play Episode Listen Later Nov 11, 2025 12:15

On this episode of Renegade Capital, Anna Smukowski joins us to honor the incredible impact of CDFIs and the people who make them thrive. She shares stories of their successes, the challenges they face, and how we can help strengthen these vital institutions that drive economic justice and community resilience nationwide.Support the showLove the podcast? Subscribe and follow to never miss an episode.Linkedin | Twitter | Facebook | Instagram | Join our mailing list

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ABP #385 - Accounting for CDFIs

Accounting Best Practices with Steve Bragg

Play Episode Listen Later Oct 30, 2025 6:13

The accounting for community development financial institutions.

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Bridging Capital and Communities with the Low-Income Investment Fund

The Road Home

Play Episode Listen Later Oct 28, 2025 37:55

Bridging Capital and Communities with the Low-Income Investment FundGuest(s):Makenzi Sumners, National Policy Manager, Low-Income Investment Fund (LIIF)Episode Description:This episode explores the powerful role of community development financial institutions (CDFIs) in revitalizing communities and expanding access to affordable housing. Our guest, Makenzi Sumners from the Low-IncomeInvestment Fund, discusses how CDFIs create opportunity in places long overlooked by traditional finance—investing in housing, healthcare, childcare, and small businesses to strengthen the foundation of thriving communities.We also examine the broader policy and political landscape shaping CDFIs, the challenges ahead, and how listeners can support and partner in revitalization efforts that include veterans and low-income households.Episode 1 Insights#nchv #TeamDepot #TheRoadHomeNCHV

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Why Gutting the CDFI Fund Hurts Banks, Communities

Banking With Interest

Play Episode Listen Later Oct 22, 2025 31:00

As the government shutdown drags on, the Treasury Department fired the entire staff of the CDFI Fund, a program with substantial bipartisan support. Dennis Ammann, CEO of People's Bank, a CDFI in Mississippi, and Jeannine Jacokes, CEO of the Community Development Bankers Association, discuss the impact on CDFIs nationwide and why it has alarmed lawmakers on both sides of the aisle.

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When the Government Shuts Down: CDFIs Left in Limbo

Renegade Capital

Play Episode Listen Later Oct 21, 2025 13:47

We're hitting pause on our Starfish Stories to talk about what's making headlines right now — the federal government shutdown. It's not just political drama in DC; it's already having real consequences. The staff of the CDFI Fund has been laid off, and that's sending shockwaves through the community development finance world.In this episode, we unpack what's happening, what it means for CDFIs and the communities they serve, and how we can all respond when the systems we rely on stall.Because when the government shuts down, the work doesn't stop — and neither do we.Support the showLove the podcast? Subscribe and follow to never miss an episode.Linkedin | Twitter | Facebook | Instagram | Join our mailing list

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Beyond the Resume with Jim Mather (Riding the Mission-Driven Road)

Jackson Lucas Impact Real Estate Podcast

Play Episode Listen Later Oct 20, 2025 31:14

In this episode of Beyond the Resume, host Chris Papa talks with Jim Mather, President and CEO of Century Housing.Jim's story is anything but ordinary — from editing a dirt bike magazine to leading one of the state's top affordable housing lenders, his career path proves that purpose and curiosity can fuel lifelong impact.Together, Chris and Jim dive into the origins of Century Housing, the pivotal role of CDFIs and capital markets in community development, and what makes a truly mission-driven leader. Jim also shares how coffee, cooking, and calm focus shape his daily routine — and his leadership style.If you're passionate about affordable housing, nonprofit leadership, and social impact, this conversation goes beyond titles and résumés to reveal the real story behind the work.Chapters(02:45) The Century Freeway Lawsuit That Built a LegacyJim explains the unique origin story of Century Housing and how a major legal settlement led to lasting community development.(07:58) From Dirt Bikes to DevelopmentHow Jim's early career as a magazine editor and construction worker sparked a lifelong passion for urban planning and housing.(14:35) Inside the World of CDFIsA breakdown of what community development financial institutions do — and how they fund affordable housing across California.(20:18) Leadership Lessons from the TopJim shares what it's like to lead an organization with three business arms — and how he balances impact with innovation.(24:50) Hiring for Heart and MissionWhat Jim looks for in candidates: curiosity, adaptability, intelligence, and a genuine drive to make a difference.(28:35) Books, Coffee, and CalmJim talks about his daily rituals, from pour-over coffee to cooking, and how they keep him grounded as a leader.(32:10) Looking Ahead: The Future of Affordable HousingReflections on policy, capital, and the people who make housing happen every day.LinksYouTube: https://youtu.be/pt4tPDA6QhYSpotify: https://bit.ly/4oUQ62rApple Podcasts: https://apple.co/3I3nkG9Web: https://www.jacksonlucas.com/podcast/jim-mather

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Lindsey Streeter on Building Veteran-Ready Workplaces and Community Legacy

Tactical Leadership

Play Episode Listen Later Oct 13, 2025 71:35

Host: Zack KnightGuest: Lindsey Streeter, Military Affairs Executive, Bank of America; retired U.S. Army Command Sergeant Major; Owner, Savannah Hurricanes; Founder, Streeter Esports & EntertainmentRecorded at: The Buckhead Club, AtlantaEpisode SummaryLindsey Streeter unpacks the difference between veteran-friendly and veteran-ready, shares the “divine timing” behind his transition to Bank of America, and details practical systems that improve retention, mobility, and belonging for veteran talent. He also talks entrepreneurship—the Savannah Hurricanes, community impact that earned national recognition, and why legacy is the point of the work.Timestamps00:00–01:06 – Welcome, road-warrior points for Lindsey & Lena; ATLVets 12-city expansion01:06–02:01 – ATLVets update: 30,000-sq-ft Roswell Veterans Center of Excellence (co-working, accelerator, human performance)02:01–05:35 – Who Lindsey is beyond the bio: purpose, the “dash,” widowhood, second chances, community focus05:35–06:21 – Entrepreneurship thread: Savannah Hurricanes, community programs, national recognition; thoroughbred ownership as legacy06:21–11:20 – Why the Army, early years, mentors who shaped a 31-year career, sitting the E-9 board and realizing the path fit11:20–13:11 – Favorite assignment: Savannah (1989), Desert Shield/Storm13:52–17:26 – Transition fear, the phone call that changed everything, veteran rotational program at Bank of America18:08–22:18 – Veteran-ready vs. veteran-friendly: right-fit recruiting, five-year lookback, precision nets22:18–25:07 – Veteran Onboarding Initiative (90-day buddy), ERG scale, safe-space learning25:07–26:40 – Veteran Development Program: 5-month cohorts, senior-leader exposure, capstone, retention & mobility outcomes27:25–29:14 – What keeps vets: visible path to progress & purpose; paid service time (TRWB, Team Rubicon)29:14–30:27 – The big vision: careers for veterans and military spouses; portability matters31:06–33:48 – Entrepreneurship as purpose; measurable community impact and recognition33:48–34:47 – Reality check: ~20% of transitioning vets start businesses; the capital/network gap36:42–38:11 – How BofA helps vet founders: CDFIs, Bunker Labs/IVMF, dedicated small-business bankers39:11–44:10 – Hiring advice: dedicated veteran recruiters, translate MOS, hire for coachability, avoid credential inflation theater47:22–49:09 – Becoming veteran-ready without alienating non-vets; why some vets don't self-ID48:28–49:09 – Life Event Services: one number when life hits53:26–55:16 – Financial literacy gaps; Better Money Habits origin story for military families59:56–1:04:23 – Purpose and the personal mission statement (Covey influence), living consistently across roles1:05:21–1:10:26 – Why ATLVets exists: solving the “Now what?” after TAP; VetOPS, accelerator, and sustainable impact model1:10:26–1:11:04 – Wrap, networking, and selfies (season tickets, anyone?)Key IdeasVeteran-ready = systems: precision hiring, 90-day buddies, ERG-powered belonging, visible mobility, Guard/Reserve support, Life Event Services.Purpose retains: service opportunities on company time satisfy the mission drive.Entrepreneurship needs scaffolding: CDFIs for capital readiness; incubators/accelerators for reps; pitch platforms for proof.Translate, don't transpose: MOS ≠ job title; hire for potential and humility.Financial literacy is aftercare: VA loan realities, tax exemptions, and...

Investing with Justice and Purpose with Stella Tai

MoneyWise on Oneplace.com

Play Episode Listen Later Sep 4, 2025 24:57

What if your portfolio could help advance justice, compassion, and human flourishing?Aligning your investments with your faith isn't just about avoiding harm—but actively shaping the world around them for good. Stella Tai joins us to talk about how investors are putting their values to work in the marketplace.Stella Tai is the Stewardship Investing Impact and Analysis Manager for Praxis Investment Management, an underwriter of Faith & Finance.Faith-Based Investing in Action: Praxis' 2024 Impact ReportFor many believers, investing isn't just about building wealth—it's about aligning financial decisions with faith values. Praxis Investment Management, a pioneer in faith-based investing since 1994, continues to demonstrate how Christians can utilize their investments to promote justice, compassion, and tangible change in the world. In its latest Impact Report, Praxis highlights how investor dollars are transforming communities and influencing some of the world's largest companies.Shaping a more just and compassionate world is something that's important to many investors, particularly those of faith. Praxis' annual report reveals where the money goes and how it's used, inspiring others to view their investments as powerful tools for making a difference.Praxis organizes its efforts around seven “impact strategies,” which support underserved communities, promote responsible business practices, and bring faith into everyday financial decisions.Speaking Truth to Power: Shareholder AdvocacyOne highlight of the report is Praxis's work in shareholder advocacy with global brands like Nike.Nike employs over a million people worldwide, many of whom are based in vulnerable regions. Praxis is part of a coalition pushing for stronger human rights protections in the supply chain, including safeguards against wage theft and exploitation. Every worker deserves to have their God-given dignity respected.Praxis is also collaborating with companies such as Coca-Cola and Nestlé to address child labor and wage theft in the global sugar supply chain, advocating for third-party audits and increased transparency.Positive Impact Bonds: Financing ChangeBeyond advocacy, Praxis invests in bonds that directly benefit communities. Recent purchases include:World Bank IDA Program Bonds, targeting extreme poverty with measurable results.Green and Sustainable Bonds from Freddie Mac, which expand affordable housing and environmental stewardship.These investments generate jobs, improve access to healthcare, and help communities thrive—all while providing competitive financial returns.Real Stories of TransformationPraxis' report also shares stories of hope, such as the expansion of Always Keep Progressing, a Miami therapy center that serves children with special needs. Through investment partnerships, the clinic now helps more than 400 families.This is redemptive investing in action. It's about fostering human flourishing, not just financial gain.Praxis also partners with Community Development Financial Institutions (CDFIs) and credit unions that serve neighborhoods often overlooked by traditional banking systems. These organizations offer small business loans, enhance access to healthcare, and provide support to underserved rural and urban areas.Whether here in the U.S. or abroad, CDFIs are helping communities gain access to capital and create opportunities.The Momentum of Faith-Based InvestingMore Christians are realizing that their portfolios can reflect their values.Scripture calls us to care for the poor, the widow, the orphan, and the foreigner. When our faith aligns with our financial actions, even small changes can move markets toward justice.This includes proxy voting, which Praxis views as a form of corporate discipleship—using investor influence to advocate for fair labor, environmental stewardship, and other critical issues.How to Get StartedStart by asking yourself a simple but important question: “Do my investments reflect my faith values?” If the answer is no—or you're not sure—consider talking with a financial professional who understands faith-based investing. Every investor, whether managing a little or a lot, can play a role in shaping a redemptive economy. That's why we recommend connecting with a Certified Kingdom Advisor (CKA). To find one near you, visit FaithFi.com and click “Find a Professional.”Praxis' Impact Report offers practical insights and inspiring stories of transformation. You can access it at PraxisInvests.com, along with quarterly updates and resources to help you make informed, faith-driven investment decisions.On Today's Program, Rob Answers Listener Questions:I'd like to set up a trust that distributes money to my children monthly after my death, rather than giving them a lump sum. How is a trust manager typically compensated? Are they paid with each monthly distribution, or do they take a percentage?I'm 71, retired, and using a managed account to supplement my retirement income by withdrawing about 4.2% annually. Is this a wise approach for sustaining my retirement, or should I consider other strategies?I just turned 66 and plan to file for Social Security soon. My goal is to be debt-free by the time I retire. Should I use my Social Security benefits over the next couple of years to pay off my mortgages so I can enter retirement without debt?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Praxis Investment ManagementWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

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Is Scale the Enemy of Impact?

Renegade Capital

Play Episode Listen Later Aug 5, 2025 12:13

As federal funding continues to shrink, many mission-driven organizations are under pressure to grow fast and do more. But is scaling always the right move—and at what cost? In this episode, we explore whether it's possible to scale impact without losing your core mission and values.With guest Amir Ali, the Founder and Principal of Clarity Impact Finance, a boutique consulting firm that partners with CDFIs and mission-driven lenders to advance equitable community outcomes through strategic capital deployment. He has led the deployment of over $150 million in CDFI capital to underserved communities, financing critical social infrastructure such as affordable housing, healthcare, early childhood education, and schools.Support the showLove the podcast? Subscribe and follow to never miss an episode.Linkedin | Twitter | Facebook | Instagram | Join our mailing list

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From Barber to Banker: The Man Fighting for Financial Justice in Little Rock

The Context

Play Episode Listen Later Jul 29, 2025 33:33

We can't have a full democracy without financial justice. Host Alex Lovit speaks with Arlo Washington, a banker creating access to loans, credit, and financial literacy training for his underbanked community in Little Rock, Arkansas. Arlo Washington is a barber, entrepreneur, and the founder and president of People Trust Community Federal Credit Union, a Community Development Financial Institution in Little Rock, Arkansas. People Trust is the first Black-owned financial institution established in Arkansas. Washington is also the subject of the 2024 Oscar-nominated short documentary, The Barber of Little Rock. https://www.newyorker.com/culture/the-new-yorker-documentary/barber-of-little-rock-arlo-washington-wealth-gap https://www.peopletrustloans.org/

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How Community Development Is Responding To This Crossroads

Next City

Play Episode Listen Later Jul 9, 2025 32:46

Community development in America is at a pivotal moment. Long-standing federal programs that fuel homeownership, support small businesses, and promote neighborhood revitalization—especially in communities of color—are now under threat.But on today's sponsored episode, we'll hear how the people working on the front lines of equitable development are adapting, organizing, and doubling down on their missions. Guests on this episode include Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance, which supports more than 170 member organizations nationwide; Dafina Williams, Executive Vice President and Chief Public Policy Officer at Opportunity Finance Network, representing over 470 CDFIs across the country; and Selina Pagán, Executive Director of the Young Latino Network, a grassroots group that has grown into a regional force for civic engagement in Northern Ohio.This sponsored episode was produced in partnership with Third Space Action Lab. Its Anti-Racist Community Development research project was developed with support from the Robert Wood Johnson Foundation. The views expressed here do not necessarily reflect the views of the Foundation. To learn more about strategies for advancing practical, concrete change in the sector, visit The People's Practice.

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Uplift: They focus on relationship-based lending and providing capital and support to minority-owned businesses.

Play Episode Listen Later Jul 2, 2025 21:21 Transcription Available

Sarah Halpern President and CEO of the Business Consortium Fund (BCF) and Triad Investments. Here's a summary of the key points discussed:

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Uplift: They focus on relationship-based lending and providing capital and support to minority-owned businesses.

Play Episode Listen Later Jul 2, 2025 21:21 Transcription Available

Sarah Halpern President and CEO of the Business Consortium Fund (BCF) and Triad Investments. Here's a summary of the key points discussed:

ceo new york relationships mission bank capital businesses credit b2b providing location ensure treasury monitor owned minority lending financial advice uplift bcf cdfis

Uplift: They focus on relationship-based lending and providing capital and support to minority-owned businesses.