Specialties
CFRC is a nonprofit CDFI (Community Development Financial Institution) that specializes in alternative financial services and asset development programs for under-served community throughout Los Angeles County. Our main areas of focus are in small business lending, micro-enterprise/entrepreneurial training, economic empowerment, financial education & literacy and community & economic development advocacy. Our feature programs and services include our SEED & Expansion Loan Program for existing small businesses, Capital Partners micro-lending program for all entrepreneurs and street food vendors, Ramp-UP accelerated savings accounts, IDA (Individual Development Account) match-savings Program, financial education & advising and computer classes. CFRC is also a lead organization for the Bank on Los Angeles campaign - a project to connect low- to no-cost bank accounts with consumers.