The CDFA exists to create a thriving community finance industry, which brings social and financial benefits to neighbourhoods across the UK. Our members lend money to people, businesses and social enterprises who struggle to get finance from high street banks. Read more about CDFA
Community lenders have generated over £100m in ‘extra economic value’ through a government-backed fund supporting small businesses and social enterprises in England.
Consumers and small or social businesses rejected by banks can now simply and quickly find a fair and affordable loan, thanks to the website www.findingfinance.org.uk
CDFIs, responsible for funding over 10,000 small businesses rejected for bank finance last year, have joined with the rapidly-expanding finance portal alternativebusinessfunding.co.uk –to support SMEs requiring non-bank funding solutions.
The CDFA welcomes George Osborne’s announcement that the Government will introduce legislation that will require banks to refer decline customers to alternative providers.
What we’re doing
The Citi Microentrepreneurship Awards will promote the great work of CDFIs and microentrepreneurs
The CDFA provides networking, advocacy, funding and expertise for members. Find out more about the benefits of joining.
The CDFA is working with its members, supporting people to turn business ideas into successful businesses.
Our flagship publication throwing a spotlight on the activities and impacts of CDFIs
Unmet demand for finance amongst individuals and organisations that do not qualify for traditional bank funding has reached more than £6billion, according to this latest research.