CDFI Connect Community Discussions

Subscribe to CDFI Connect Community Discussions feed CDFI Connect Community Discussions
View RSS Feed from Opportunity Finance Network
Updated: 46 min 14 sec ago

RE: Express Loan Product

Thu, 2020-01-09 16:10
From : Communities>>Open Forum
I am not able to access the conference call using the phone number provided. I continue receiving only a busy signal. Any suggestions? ------------------------------ Brian Ranck Senior Loan Officer Entrepreneur Works Philadelphia PA (215) 545-3100 ------------------------------

RE: Express Loan Product

Thu, 2020-01-09 16:08
From : Communities>>Open Forum
We also are getting a busy signal. ------------------------------ Nathanial Owen Director of Fondo Adelante Mission Community Loan Fund LLC San Francisco CA (415) 282-3334 ------------------------------

RE: Express Loan Product

Thu, 2020-01-09 16:03
From : Communities>>Open Forum
We are trying to connect and we get a busy signal; tried both the out of state and the Maine numbers with the same result.  If more discussion is available or notes from the call could be posted, we would like to hear the input.  Thanks ------------------------------ Amy Williams Project Specialist Mountain Association for Community Economic Development, Inc. Berea KY (859) 986-2373 ------------------------------

RE: Express Loan Product

Thu, 2020-01-09 13:28
From : Communities>>Open Forum
We'd love to join the call as well. Could you add  Ddelgado@accioneast.com to the call?  ------------------------------ Victoria Richardson Development and Communications Manager Accion East, Inc New York NY (212) 387-0377 ------------------------------

Job Opportunity: Social Impact Analyst

Thu, 2020-01-09 09:23
From : Communities>>Open Forum
TITLE: Social Impact Analyst POSITION OVERVIEW The Washington Area Community Investment Fund (Wacif) seeks to fill the full-time position of Social Impact Analyst , which will be responsible for measuring and managing Wacif's organizational and programmatic impact. The efforts of the Social Impact Analyst will be at the heart of measuring Wacif's effectiveness and impact in building equity and opportunity throughout the Washington metropolitan area. The Social Impact Analyst will be a hands-on [More]

Files Attached Document
Job Opportunity: Social Impact Analyst Attachments

RE: Express Loan Product

Wed, 2020-01-08 09:47
From : Communities>>Open Forum
Thank you for this! I would be very interested in the call also.  My email is Tbernethy@metroflint.org. ------------------------------ Tiffany Bernethy Commercial Loan Officer Metro Community Development, Inc. (810) 767-4622 x450 tbernethy@metroflint.org ------------------------------

RE: Standard or Boiler Plate Legal Documents for Loan Closings

Wed, 2020-01-08 09:44
From : Communities>>Open Forum
Karen, I will email you samples of what we are using. Also, we have a software called Ventures+ that we use for loan origination that provides a number of standard loan docs, including closing, that are microloan and 7(a) compliant. As a small CDFI with two loan officers that handle the entire process, we've found Ventures to be an excellent and affordable tool. We do have a set of loan docs that were attorney prepared by Miller Canfield in Michigan but they have offices in other states. They were [More]

RE: Express Loan Product

Wed, 2020-01-08 09:40
From : Communities>>Open Forum
please add us to the loan express call on he 9th -- Ray Waters President - Detroit Development Fund Managing Director - Detroit Community Loan Fund Telephone - 313 784 9567

RE: Express Loan Product

Wed, 2020-01-08 09:39
From : Communities>>Open Forum
Please include me in the call tomorrow regarding express/fast track business loan processing ideas. Vickie M Rivers Renaissance Community Loan Fund Gulfport, MS vrivers@rclfms.com 228-896-3386 x 105 ------------------------------ Vickie Rivers Senior Lender Renaissance Community Loan Fund, Inc. Gulfport MS (228) 896-3386 ------------------------------

RE: Standard or Boiler Plate Legal Documents for Loan Closings

Wed, 2020-01-08 09:27
From : Communities>>Open Forum
There are a few companies that provide compliant loan documents by state.  1.  Wolters Kluwer, Harland, CSI - they can get you fillable PDF, paper and eforms & software.  Good luck, just message me if you need more information ------------------------------ Matt Heary Senior Account Representative Nortridge Software Foothill Ranch CA 7145737988 ------------------------------

RE: Standard or Boiler Plate Legal Documents for Loan Closings

Tue, 2020-01-07 12:41
From : Communities>>Open Forum
Karen, Each state has different laws. We found an attorney who charged us around $4,000 to  create a template specific to our needs and to match our loan policies and state laws. I would recommend that. It is something you should be able to get a small grant to fund.  -Heather ------------------------------ Heather Gurewitz Executive Director Economic Development and Financing Corporation Ukiah CA (707) 234-5705 ------------------------------

RE: Standard or Boiler Plate Legal Documents for Loan Closings

Tue, 2020-01-07 12:17
From : Communities>>Open Forum
Karen - happy to share our docs - please let me know where to send.  Got a bounce back from the enterprisefund1986@email.com address ------------------------------ Kim Jacobs President/CEO Community Capital New York Elmsford, NY 914 747 8020 ------------------------------

New York State CDFI Fund Advances

Tue, 2020-01-07 11:54
From : Communities>>Open Forum
It's been many years in coming, but the prospects for a New York State CDFI Fund are better than they have ever been, thanks to an announcement by Gov. Andrew Cuomo. I first called for the creation of such a fund, with $5 million annually for four years, on August 30, 1994, in testimony I delivered to the New York State Assembly Committee on Banks as CEO of the National Federation of Community Development Credit Unions (now, Inclusiv). The proposal advanced intermittently over the decades, but stalled [More]

Payment Processing

Tue, 2020-01-07 10:58
From : Communities>>Open Forum
Hi everyone, We're wondering what options you use for processing debit card payments. We've used PayPal for the last few years and we really want to make a change. We're looking for a simple and cheap option. Any suggestions would be greatly appreciated! Thanks, ------------------------------ Ryan Schupp Portfolio Specialist Westminster Economic Development Initiative, Inc. (WEDI) Buffalo NY rschupp@wedibuffalo.org ------------------------------

RE: Express Loan Product

Tue, 2020-01-07 10:36
From : Communities>>Open Forum
Hi, Robert. I am interested in joining this call as well. We do micro lending already with our Native CDFI, which may not fit well with the usual standards but could benefit from some additional standardization. We are also looking at increasing our activity through our parent CDFI, in rural Minnesota.  Thank you for starting this! Julia Nelmark jnelmark@mmcdc.com ------------------------------ Julia Nelmark, President Midwest Minnesota Community Development Corporation (MMCDC) Detroit Lakes, MN [More]

RE: Standard or Boiler Plate Legal Documents for Loan Closings

Tue, 2020-01-07 10:28
From : Communities>>Open Forum
Karen, You should use documents that were prepared for your state to ensure they meet the laws relevant to your company. We asked our local attorney to prepare a set of form documents for us to update in-house for loans under $250,000 from our IRP, RBEG and HHS funds, to save on legal costs. We then have him review them periodically to update for changes in state law. It is important that the person modifying the documents understands them and what the changes will modify in terms of your liability [More]

RE: Express Loan Product

Tue, 2020-01-07 09:48
From : Communities>>Open Forum
Hi Brian. After the call tomorrow, you may have questions about how TEA can accommodate Express lending. Our Loan Application Portal may be a good fit. LMK if would have some time later this week to explore the idea with what you learn from the call Happy New Year ------------------------------ Paul Hodgert Sales and Consulting CommonGoals Software Prescott ON 1-800-354-5152 ------------------------------

Files Attached Document
RE: Express Loan Product

RE: Express Loan Product

Tue, 2020-01-07 09:13
From : Communities>>Open Forum
I'm a little late to the game but would love to be added to the call on the 9th. We've started offering a Micro-Xpress loan but we have a ways to go before it's truly functional. amber.cordoba@cplc.org ------------------------------ Amber Cordoba Manager of Consulting Services Prestamos, CDFI, LLC Phoenix AZ 4806197130 ------------------------------ ------------------------------------------- Original Message: Sent: 12-17-2019 14:09 From: Robert Gernert Subject: Express Loan Product For those interested [More]

RE: Express Loan Product

Mon, 2020-01-06 18:28
From : Communities>>Open Forum
Hi Eric, I saw this post and was wondering if this means OF is ready to roll out the program we discussed.  If yes, that is great news and I'll reach out to Robert directly.  Barbara and I thought it wasn't going to be ready till late 1Q 2020? Thanks and happy new year! ------------------------------ Sarah Bennett Deputy Director TMC Community Capital Oakland CA 888.989.8855 ------------------------------

NCIFund - Open Position - Loan Operations Manager

Mon, 2020-01-06 13:55
From : Communities>>Open Forum
Title: Loan Operations Manager Department: Natural Capital Investment Fund Inc., Charles Town, WV Status (Exempt or Non-Exempt): Non-Exempt Reports To: Anna Tefft, SVP and Director of Lending Positions Reporting to this Position: None Date of Preparation: November 18, 2019 General Purpose of Job : Responsible for 1) maintaining complete and accurate NCIFund paper and electronic loan files, boarding new loans, 2) servicing loans and interacting with borrowers and lenders regarding loan [More]

Pages