BIS has released guidance to help SMEs access private finance. CDFIs are promoted as an option for businesses in disadvantaged areas who cannot rasie the finance they require. The document also sets out information on what a CDFI is, how they are funded, and how to contact your local CDFI.
Question 14 states: What support does Government provide for businesses indisadvantaged communities who are turned down for finance by the bank? Following hard lobbying work by the cdfa and its members CDFIs are championed as the only providers operating in this space.
Read the full set of questions below