Ben Hughes on how we can bring equity to the provision of financial services in the UKRead more
Tell us about the amazing CDFI leaders and loan officers in your town and they could be in for a Citi Microentrepreneurship AwardRead more
Community lenders have generated over £100m in ‘extra economic value’ through a government-backed fund supporting small businesses and social enterprises in England.
Figures from the Community Development Finance Association (CDFA) have revealed that loans made by its members have delivered economic value worth more than five times the original funding .The funding has already secured over 2,600 jobs for English towns and cities, creating substantial benefits for the government and local economies.Read more
The Citi Microentrepreneurship Awards are back for a second year
The CDFA is teaming up with the Citi Foundation once again to shine a spotlight on the amazing achievements of community finance. Following the success of the inaugural UK event in February 2014, we have introduced new categories to capture the wide-ranging work of community finance, work that is changing lives and bringing money, jobs and hope to Britain’s’ towns and cities.
Adam Tavener examines the growth of alternative finance and explains why he set up Alternative Business Funding to help SMEsRead more
Niall Alexander of Moneyline discusses the implications of an interest rate cap for payday lendersRead more
Consumers and small or social businesses rejected by banks can now simply and quickly find a fair and affordable loan, thanks to the new website www.findingfinance.org.ukRead more
The CDFA welcomes George Osborne’s announcement that the Government will introduce legislation that will require banks to refer decline customers to alternative providers. The proposed new rules mean that high street banks will have to offer to connect SMEs that they decline for loans to alternative sources of finance.Read more