Loans and Access to Capital
WACIF provides loans and access to capital through funds under management and partnerships with community-minded lenders. Undercapitalization is a major cause of small business failure - therefore we seek to identify the most appropriate and effective sources of financing to ensure your organization’s success.
WACIF’s Access to Capital Loan Fund (ACLF)
Comprised of 55 socially responsible institutional and individual investors, WACIF’s Access to Capital Loan Fund (ACLF) is a flexible financing pool available for small businesses, childcare centers, affordable housing developers, and community organizations. The fund looks to maximize both economic and social returns by providing affordable financing to create jobs, retain wealth in low- to moderate-income communities, and ensure healthy neighborhoods.
- 25 years in operation
- 96% loan performance rate
- 100% investor repayment record
CBE Microloan Fund
The Certified Business Enterprise Revolving Microloan Fund (CBE RMLF) is a public/private partnership between the District of Columbia’s Department of Small and Local Business Development and WACIF. The fund is dedicated for CBEs and has a maximum loan amount of $25,000.
- $389,000 in access to capital provided
- Created over 35 full-time equivalent jobs
- 10 Businesses served
SBA Microloan Fund
WACIF is a certified SBA microlender and technical assistance provider for Region III (District of Columbia, Northern Virginia, and Maryland).
To access capital through WACIF, please start by filling out the intake form. WACIF will contact you to determine your current borrowing capacity and the most appropriate source of funds.
Streetscape Loan Relief Fund
The Streetscape Loan Relief Fund is a program made available through the District's Department of Small and Local Business Development (DSLBD) designed to provide interest-free loans to any individual or entity that operates a retail business inside or adjoining a streetscape construction or rehabilitation project in the District.
For more information about the Streetscape Loan Relief Fund, please call Schuyler Woods at 202-529-5505 or email firstname.lastname@example.org