Community Development Finance Institutions that lend to small businesses have scaled up over the past 18 months and doubled their lending. Investment through the British Business Bank and capacity building funding from JPMorganChase and others enabled… Continue reading
Category: News
Government backs CDFIs and JPMorganChase and BNY make new commitments to community finance
Thousands of small businesses will benefit from reforms to small business finance announced by the Government and new commitments to the community finance sector by JPMorganChase and BNY. Expansions to the British Business Bank’s Growth Guarantee… Continue reading
Evidence, accountability, action: Investing in Women Code signatories fund talent, ambition and potential
Community Development Finance Institutions “show what inclusive finance looks like” and, with other Investing in Women Code signatories, have built a movement which proves that transparency works and stimulates progress. The Investing in Women Code’s sixth… Continue reading
Maple Review: CDFIs essential in breaking barriers to entrepreneurship
The Maple Review report was launched this week at the House of Lords following widespread and extensive input, including from Responsible Finance and members. Co-chaired by Blair McDougall MP, Minister for Small Business, Grace Graham, Founder… Continue reading
King’s Award for Salad’s innovation in fair and affordable lending is industry first
Responsible Finance Member Salad Finance Limited (Salad), which specialises in providing affordable credit to consumers who do not meet the criteria of mainstream lenders, was today announced a recipient of the King’s Award for Enterprise for… Continue reading
Community Finance Taskforce brings banks, Government and CDFIs together to unlock extra £billion for SMEs
A new taskforce and Government-backed roadmap will develop partnerships between our members and banks, to make it easier for small businesses across the UK to access finance. The UK Community Finance Partnership Taskforce has a mission… Continue reading
First of its kind credit decline referral partnership will support up to 100,000 financially underserved people
8 July 2025: Following a successful pilot, Responsible Finance member Fair Finance and Vanquis have launched a first of its kind decline referral partnership which will support up to 100,000 financially underserved people with benefit checks… Continue reading
Infographic: how CDFIs build thriving places, stronger economies and transform lives
CDFIs: • grow thousands of jobs and businesses across the UK • build financial resilience by helping households save money • enable social enterprises to maximise impact • boost productivity and enrich communities by supporting people… Continue reading
Flexible finance for social enterprises, designed and delivered by social enterprises
Many social enterprises, co-operatives, trusts and trading charities want to grow but can’t access finance. • There are fewer financial products tailored to their needs • They are misperceived as riskier to invest in than other… Continue reading
CDFIs: A green light to financial inclusion
Millions of us can’t get fair credit when we need it. We may have no credit history or a low credit score. When there’s an emergency or large expense, where can we go? Friends and family… Continue reading