23. Acronyms All Underserved Borrowers Need to Kno

We’re back again with Chris Robles, who works to help find and provide funding for underserved borrowers. Today, Chris explains two important acronyms for these borrowers to know: CDFI and SBDP. The CDFI -- Community Development Financial Institution -- is funding to provide loans that banks typically would not provide. The SBDP -- Small Business Development Program -- is a program paired with universities that can provide counseling and support for small business owners. Chris explains how underserved borrowers can utilize these different programs to secure the funding they need!

If you’d like to check out some of these funding opportunities, please check out:

https://www.cdfifund.gov/

https://www.sba.gov/

Chris Robles can be reached at 210-527-7861.

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